Altera charged $27 million by US IRS for employee cost transfer pricing The IRS is demanding $27 million from tech company Altera because it says the company wrongly booked employee stock-based compensation in the US where it is tax deductible. By Sophie Ashley July 25 2012
Where transfer pricing is critical in US oil and gas joint ventures Complex transfer pricing challenges are arising from the increasing number of joint ventures, particularly in the US, between multinational oil and shale gas exploration companies. By Sophie Ashley July 18 2012
Bangladesh enforces transfer pricing legislation The Bangladeshi government has started enforcing transfer pricing legislation on companies with international transactions. By Sophie Ashley July 16 2012
Francois Hollande's government brings transfer pricing amendments to France Francois Hollande's just-elected French government has proposed new measures to increase tax revenues, including changes to the transfer pricing regime. By Sophie Ashley July 09 2012
Tokyo Electron hopes MAP will resolve dispute over transfer pricing adjustment Tokyo Electron (TEL), a Japanese electrical manufacturer, will contest a transfer pricing adjustment from the Japanese tax authorities relating to transactions with subsidiaries in the US and South Korea. By Sophie Ashley July 09 2012
Eaton versus the IRS: Uncertainty in US APAs Eaton, an electrical component manufacturer, is contesting an IRS decision to revoke an advance pricing agreement it made with the taxpayer and a transfer pricing adjustment against the company for... By Sophie Ashley June 20 2012
Malaysia GST imminent, confirms finance ministry The introduction of a GST in Malaysia is said to be imminent, says the finance ministry despite it being on the table since the 2005 budget speech. By Sophie Ashley June 14 2012
The World Bank’s part in transfer pricing and the developing world The World Bank, like the OECD and the UN, is working to simplify how transfer pricing works for developing countries. TPWeek speaks to Richard Stern, programme manager for tax simplification... By Sophie Ashley June 13 2012
India’s APA team formed India has established the team that will negotiate the first advance pricing agreements (APA) since the measure was introduced in the budget in March, though there is speculation that the... By Sophie Ashley June 10 2012
OECD releases discussion draft on intangible assets The OECD's Working Party No 6 discussion draft on the transfer pricing aspects of intangible assets was published well ahead of time yesterday because of pressure from taxpayers and practitioners. By Sophie Ashley June 06 2012
