News Briefs for October 3, 2016

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News Briefs for October 3, 2016

October 03 2016
Ireland Tax

The latest transfer pricing news including updates on Irish bilateral APAs, the OECD's Multilateral Instrument and Costa Rica's TP regulations.

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India sets APA resolution targets in 2025/26 action plan
The plan aims to improve the efficiency, transparency, and effectiveness of direct tax administration in India
Sam Sholli, May 08 2025
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This month in indirect tax: UK denies private school VAT breaches human rights law
Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
Sam Sholli, May 07 2025
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IBA president: OECD’s two-pillar solution is ‘crucial’
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Noemi Distefano, May 06 2025
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PwC to lay off ‘about 1,500 employees’ in US: report
Historically low levels of attrition over consecutive years made a ‘difficult decision’ necessary, PwC has reportedly said
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WTS aims to capture PwC’s former francophone African footprint
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The scope of qualifying pillar two tax credits could reportedly be broadened; in other news, hundreds of IRS appeals staff are to resign
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Bilateral APAs have their moment
For many taxpayers, the prospect of long-term certainty that a bilateral APA offers can override concerns about time, cost and confidentiality
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Direct Tax
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Baker McKenzie picks up former US Treasury deputy Scott Levine
Levine, who served under the Joe Biden administration, led the US’s negotiations on the OECD’s two-pillar solution
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