India is well known around the world for the amount of tax litigation that goes through its courts and tribunals, and the aggression of its revenue authority. Transfer pricing disputes have been in the limelight recently and there have been a high number of interesting precedents set. Sophie Ashley analyses the implications of some of the more interesting cases and considers an alternative to the dispute resolution panel.
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The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process