Imagine there are 30 adults from all around the world gathered in one room trying to come up with a common way forward on a contentious topic. Each person has his own agenda, a personal interest to protect and wants to get his own way. Now imagine it's your job to draw all these different ideas together and come up with a consensus. That is exactly the gruelling task the OECD has undertaken with its consultation on the transfer pricing aspects of business restructuring.
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Experts from law firm Kennedys outline the key tax disputes trends set to define 2026, ranging from increased enforcement to continued tariff drama and AI usage
They also warned against an ‘unnecessary duplication of efforts’ in UN tax convention negotiations; in other news, White & Case has hired Freshfields’ former French tax head
Defending loss situations in TP is not about denying the existence of losses but about showing, through proactive measures, that the losses reflect genuine commercial realities
The report is solid and balanced as it correctly underscores the ambitious institutional redesign that Brazil has undertaken in adopting a dual VAT model, experts tell ITR
The Brazilian law firm partner warns against going independent too early, considers the weight of political pressure, and tells ITR what makes tax cool