With the number of jurisdictions offering advance pricing agreements (APAs) increasing, delegates at International Tax Review’s 12th Annual Global Transfer Pricing Forum heard how, and why, this trend is set to continue, and to what extent the regimes already available are favoured by both taxpayers and authorities, including country-specific insights from the head of the French APA team.
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The firms made senior hires in Los Angeles and Cleveland respectively; in other news, South Korea reported an 11% rise in tax income, fuelled by a corporation tax boom
While the manual should be consulted for any questions around MAPs, the OECD’s Sriram Govind also emphasised that the guidance is ‘not a political commitment’
The landmark Indian Supreme Court judgment redefines GAAR, JAAR and treaty safeguards, rejects protections for indirect transfers and tightens conditions for Mauritius‑based investors claiming DTAA relief
As tax teams face pressure from complex rules and manual processes, adopting clear ownership, clean data and adaptable technology is essential, writes Russell Gammon, chief innovation officer at Tax Systems