Michael Danilack, Deputy Commissioner of the Large Business and International Division (LB&I) at the Internal Revenue Service (IRS), announced yesterday during Tax Council Policy Institute’s (TCPI) conference in Washington DC that a new transfer pricing director will be appointed to LB&I within days.
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Belt and Road Initiative countries face tax incentive conundrums due to pillar two, but relatively few countries would seek to scrap the project, ITR has heard