A recent decision on importation from the Brazilian administrative courts reopened a transfer pricing question that appeared to be definitively settled in favour of the Brazilian Federal Revenue (RFB). Gil Mendes, and Daniel Perin, of Ernst & Young analyse how a taxpayer became the first to prevail over the authorities on the issue.
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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation