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  • The Australian Customs authorities have released guidance detailing how taxpayers should apply for a valuation advice relating to transfer pricing.
  • Transfer pricing theory has long been associated with transactions within multinational companies, but now it is being applied to the exchange of football players between English football [soccer] clubs.
  • A proposal from the Netherlands government makes it even more important for companies to have sufficient documentation in place to support the arm’s-length nature of inter-company financial transactions between Dutch and non-Dutch group companies.
  • Linklaters' head of tax in Spain, Nicolas Martin, has quit the firm to join Herbert Smith as a partner. He joins along with two associates, Marta Esteban and Eugenia Castrillon. Linklaters now has one tax partner, Javier García-Pita.
  • Werner Stuffer and Jörg Hanken of PricewaterhouseCoopers discuss German business restructuring regulations and how the economic crisis affects this area of tax planning.
  • Governments should strengthen transfer pricing regulations and enact a general anti-avoidance rule to address cross-border-compliance risks in the recession, an IMF report has said
  • A report commissioned by the UK prime minister has come down in favour of carbon trading, rather than a carbon tax, as vital in combating climate change.
  • The economic substance doctrine is to be codified under new legislation relating to the restructuring of the US healthcare system.
  • The Cayman Islands signed a tax information exchange agreement (TIEA) with the Netherlands on July 8. This brings the number of TIEAs signed by the Cayman Islands to 11, one short of the OECD's requirement of 12 required to be recognised as being compliant with international requirements.
  • Governments should strengthen transfer pricing regulations and enact a general anti-avoidance rule to address cross-border-compliance risks in the recession, an IMF report has said.