TP WEEK NEWS BRIEFS For MAY 3, 2016

May 03 2016

The latest headline news from Transfer Pricing Week. News Briefs include: Turkey preparations for the electronic permanent establishment concept; Australia’s budget plan for diverted profits tax; WCO tool for customs and transfer pricing and BEPS on the agenda at this week’s ABA meeting.

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Direct Tax

Compliance frustration onerous pillar two

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After years of onerous pillar two prep, businesses will be galled in seeing tax revenues outweighed by compliance costs

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Direct Tax

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Tax advisers should revisit India secondment arrangements after the EY US ruling strengthened the Centrica precedent and raised fresh withholding concerns

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Direct Tax

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Despite the shortfall, effective tax rates of multinationals have seen a ‘statistically significant rise’

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Direct Tax

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Direct Tax

KPMG Australia set to axe hundreds of jobs amid scandal: AFR

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Sam Sholli, July 14 2026

Direct Tax

US trade body criticises ‘inconsistent’ EU pillar two exemption

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Direct Tax

Beyond the headlines: Why tax is moving up the merger agenda

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Transfer Pricing

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Direct Tax

PM-in-waiting Burnham unlikely to deviate from tax agent registration: experts

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Awards

ITR Europe Tax Awards 2026: shortlist announced

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John Harrison, July 09 2026