In today’s increasingly global business climate, intellectual property (IP) has become a major driver in corporate profits, both from an innovation point of view as well as from a global branding perspective. David Cordova, Arin Mitra, Andrew Newman, Keith Reams, Larry Shanda, and Alan Shapiro of Deloitte explain how taxpayers can navigate new obstacles in IP planning
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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
Despite legislative gridlock, international investors should be wary of legal precedents set by recent court rulings, which could substantially alter the Spanish tax environment