Greece introduces TP reforms after IMF and EU demands tighter regulation The Greek Ministry of Finance has issued a public consultation on amendments to the transfer pricing rules, following a change in the definition of associated enterprises (AE) by the Greek... By Emma Powell July 08 2013
Compliance burden to increase for French taxpayers if draft law passed French taxpayers will need to update their transfer pricing documentation more frequently if a draft law, requiring companies to submit and file their documentation reports at the same time as... By Emma Powell July 01 2013
Why South Africa’s request for TP information from the UK, US and Australia is unlikely... The South African Revenue Service (SARS) has approached the UK, US and Australia to obtain information relating to erroneous transfer pricing through complex offshore structures. By Emma Powell June 24 2013
How stress tests could increase related party lending Taxpayers should be watchful of the results of the European Central Bank’s (ECB) stress tests, which could increase amounts of capital transferred between related party banks. By Emma Powell June 19 2013
Taxpayers should design a TP policy to bridge different practices of OECD and developin... Differences in guidance given by the UN and OECD transfer pricing manuals are putting taxpayers at risk of double taxation. Taxpayers should design a transfer pricing policy that acknowledges both... By Emma Powell June 17 2013
Poland proposes abolishing APA annulment confidentiality Poland’s Ministry of Finance has proposed changes to the country’s advance pricing agreement (APA) regime after reviewing the effectiveness of the programme over the past six years. By Emma Powell June 12 2013
How French taxpayers should prepare for a tougher TP regime The French Ministry of Finance has proposed tightening the country’s transfer pricing regulation and setting tougher penalties for taxpayers who fail to comply. By Emma Powell June 10 2013
Japanese arm’s-length range amendments may reduce TP adjustments The Japanese government has introduced a range of acceptable arm’s-length prices as part of a number of measures to amend the country’s transfer pricing rules. By Emma Powell June 05 2013
Why Indian taxpayers need more clarity on making related party loans using foreign curr... The Indian revenue authority will appeal a decision by the Mumbai Income Tax Appellate Tribunal (ITAT), involving auto manufacturer Mahindra & Mahindra, which found the Libor rate could be used... By Emma Powell June 03 2013
Spanish companies increase related party borrowing as banks clamp down on lending More Spanish companies are receiving financial assistance through related party loans due to greater bank restrictions on corporate loans, advisers say. By Emma Powell May 29 2013
