Legal interpretation causes jump in tax gap HMRC believes taxpayers have underpaid £6 billion in taxes due to legal interpretation, which could be caused by uncertainty over new rules, advisers say. By Lena Angvik October 31 2017
Discrepancy between Indian GST and TP opens door for disputes India has seen a good deal of business disruption since GST was introduced in July with little time for companies to prepare. By Lena Angvik October 26 2017
EU lacks momentum to stop tax evasion, EU committee finds Some EU member states are obstructing the fight against tax avoidance, tax evasion and money laundering, and have “made tax dumping a business model for businesses and high-net-worth individuals”, the... By Lena Angvik October 24 2017
Finnish court issues landmark TP ruling involving ERP A new transfer pricing ruling by the Finnish Supreme Court on enterprise resource planning and intra-group services arrangements is expected to set precedents in taxpayers’ favour. By Lena Angvik October 19 2017
UN tax committee elects two co-chairs Carmel Peters from New Zealand and Eric Mensah from Ghana were yesterday elected co-chairs of the UN Committee of Experts on International Cooperation in Tax Matters. By Lena Angvik October 18 2017
Netherlands joins race to the bottom with corporate tax cuts The incoming Dutch government on Tuesday announced plans to cut down the corporate tax rate to 21% and abolish the 15% dividend withholding tax. By Lena Angvik October 12 2017
Europe at odds over controversial equalisation tax Amid struggles of reaching a global consensus on taxation of digital companies, EU finance ministers have proposed an equalisation tax, which would tax revenue instead of profits. By Lena Angvik October 09 2017
EC slaps Amazon with €250 million state aid bill A Luxembourg tax ruling allowed Amazon to avoid paying taxes on three quarters of its profits, and endorsed the inflated payment of inter-group royalties, the European Commission said Wednesday. By Lena Angvik October 04 2017
Cost of high court settlements and litigation spikes for UK multinationals New data shows the amount of money spent on tax litigation by UK FTSE 100 companies has increased by 62% in 2016. Multinationals are also willing to spend more on... By Lena Angvik September 19 2017
Quantera Global launches TP practice in Germany Independent transfer pricing advisory firm Quantera Global has launched a TP practice in Frankfurt, Germany, strengthening its position in the German and Austrian markets. By Lena Angvik September 15 2017
