The Transatlantic Trade and Investment Partnership (TTIP) aims to cut or eliminate tariffs on all products traded across the Atlantic. Emma Powell looks at how the agreement will benefit businesses and what might stand in the way of the biggest trade deal ever negotiated becoming a reality.
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Experts reportedly discussed extending the safe harbour to 2027 to give countries more time to legislate; in other news, Baker McKenzie and Greenberg Traurig made senior tax hires
Hany Elnaggar examines how Gulf Cooperation Council countries are internalising transfer pricing norms within evolving fiscal systems shaped by both Islamic and international influences
Where a TP study of comparables produces an arm’s-length range, and the taxpayer’s filed position is outside that range, HMRC will adjust to the median by default