The House Ways and Means Committee’s hearing on transfer pricing issues revealed concern over US corporations’ ability to remain competitive internationally but did not disturb the general consensus around the arm’s-length standard.
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MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure