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  • At International Tax Review’s fourth annual Americas Tax Awards held in New York on September 30, awards were presented for transfer pricing in 14 countries and cities. There were also a regional award each for Latin America and North America transfer pricing firm of the year.
  • A recent decision of the Taxpayers Council about the resale price less profit methods described by Brazilian transfer pricing rules has led to debate about the use of such methods for controlling import prices of goods purchased by Brazilian legal entities and packed or repacked locally for resale.
  • The number of completed mutual agreement procedures is increasing among OECD countries, new statistics have revealed
  • Service transactions are the source of numerous transfer pricing disagreements between taxpayers and tax authorities, a panel of transfer pricing experts has said
  • Alexander Voegele and Hendrik Fuegemann of NERA Economic Consulting outline how new administrative guidelines are affecting taxpayers’ application of the relocation of functions regulations in Germany
  • The Venezuelan tax administration (SENIAT) is continuing a transfer pricing audit campaign for fiscal years 2005 to 2008
  • By Patricia More and Stephen Dale of Landwell & Associés -PricewaterhouseCoopers, Paris
  • Lynne Clare, strategic VAT director at Sony, talks to Joanna Faith about the importance of indirect taxes as corporates gear up for the new EU VAT package.
  • By Daniel Keller, Christian Schubert and Diana-Catharina Kurtz, PricewaterhouseCoopers, Germany
  • Failure of a member state to fulfil obligations Directive 2005/60/EC Prevention of the use of the financial system for the purpose of money laundering and terrorist financing Failure to transpose completely Failure to communicate the measures to transpose the directive.