Taxpayers welcome Delhi High Court’s decision to strike out bright-line test for AMP ex... The Delhi High Court issued a significant ruling concerning the taxation of advertising, sales, and marketing promotions (AMP) expenses. By Meredith McBride March 25 2015
Australian opposition leader’s thin capitalisation proposals met with strong criticism Australia’s opposition Labor party has received strong criticism from business leaders and advisers over its plans to increase the tax burden on corporations by changing the thin capitalisation threshold. By Meredith McBride March 10 2015
LG awaits Delhi High Court ruling on taxation of marketing intangibles Indian tax authorities have said that businesses spending higher than average on advertising, marketing, and promotions (AMP) expenses are creating marketing intangibles for related foreign enterprises and are therefore liable... By Meredith McBride February 03 2015
India signs first ever bi-lateral APA with Japanese company In December, India’s Central Board of Direct Taxes (CBDT) signed the first bi-lateral advance pricing agreement (APA) with a Japanese company. By Meredith McBride January 16 2015
Lack of transfer pricing rules leads to questionable audits in Hong Kong Despite a self-touted reputation as a leading global financial centre, Hong Kong’s Inland Revenue Department (IRD) has been criticised by tax practitioners for overly aggressive audits on asset managers. By Meredith McBride January 08 2015
