The latest headline news from Transfer Pricing Week. News Briefs include: Turkey preparations for the electronic permanent establishment concept; Australia’s budget plan for diverted profits tax; WCO tool for customs and transfer pricing and BEPS on the agenda at this week’s ABA meeting.
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran