Marlies de Ruiter, head of the tax treaty, transfer pricing and financial transactions division at the OECD, agrees with tax justice activists that the transfer pricing guidelines could work better, but she remains loyal to the arm’s-length principle (ALP).
Erkki Tuomioja, Finland's Minister for Foreign Affairs, has said the government wants to introduce a financial transaction tax (FTT), but not unilaterally.
Deutsche Post’s €516 million ($642 million) payment to the German tax authorities shows why it is important to settle disputes early – because the interest stacks up.
EXCLUSIVE: When Rudolf Elmer gave WikiLeaks the names of 2,000 tax evading clients of his former employer Julius Bär, he was arrested for breaching Swiss banking secrecy laws. But evidence to be presented at his trial may make things even worse for Julius Bär.
