India’s cabinet approves the multilateral instrument on BEPS India has taken a step towards aligning its policies with the OECD’s BEPS Project after the cabinet signed the multilateral instrument (MLI) to prevent base erosion and profit shifting. By Lena Angvik May 18 2017
Diageo becomes first company to fall foul of UK’s DPT Alcoholic beverages maker Diageo is the first company in the UK to be assessed under the diverted profits tax (DPT) for allegedly shifting its profits from the UK to the... By Lena Angvik May 16 2017
Takeaways from the Formula One case The India Apex Court defined principles for qualifying as a Permanent Establishment (‘PE’) and ruled that the Formula One championship circuit constitutes a fixed place of business/PE in India. By Lena Angvik May 11 2017
OECD activates automatic exchange relationships under MCAA The OECD has activated automatic exchange relationships under the MCAA, but developing countries seem to have been left out. By Lena Angvik May 09 2017
Italy: Changes to the TP framework On April 24 2017, a new law decree (N. 50/2017) introduced changes to the Italian transfer pricing framework. Antonella Della Rovere and Federico Vicenti from Valente Associati GEB Partners look... By Lena Angvik May 09 2017
UK snap election triggers tax dodging debate Political parties in the UK are preparing their manifestos for the June 8 snap election, and voters demand to see an end to corporate tax dodging. Should companies expect changes? By Lena Angvik May 04 2017
Formula One’s income taxable in India, rules Supreme Court India’s Supreme Court has ruled that Formula One has a permanent establishment in India in a big victory for the country’s income tax department. By Lena Angvik May 02 2017
A breakdown of Trump’s tax reform plan US President Donald Trump released his one-page tax reform plan yesterday, which offered companies disappointingly little insight into how the reform will work in practice. By Lena Angvik April 27 2017
Rodrigo, Elias & Medrano launches Value Precios de Transferencia Peruvian full-service firm Rodrigo, Elias & Medrano has together with transfer pricing specialist Tania Quispe Mansilla launched a new transfer pricing company called Value Precios de Transferencia. By Lena Angvik April 24 2017
What’s in the UN’s updated TP manual for developing countries The UN’s tax committee has released an updated and more user-friendly version of its transfer pricing manual for developing countries. By Lena Angvik April 20 2017
