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E&Y TP senior partner Okawara to lead new team

Ameriprise Financial, a US financial planning company, announced yesterday that it had changed its TP methodology

TP Week sponsor KPMG India comments on two key technical developments

A US Treasury report on earnings stripping, transfer pricing and tax treaties accuses foreign multinationals of manipulating international tax rules and sets transfer pricing improvements as a key priority for the American tax administration

PricewaterhouseCoopers was named the Asia tax firm of the year at International Tax Review's second annual Asia Tax Awards held in Hong Kong last week

The OECD's member states are to begin accession talks with Chile, Estonia, Israel, Russia and Slovenia. The Organisation will also "engage more closely" with other economies, for example, Brazil, China, India, Indonesia and South Africa.

Pakistan's Federal Board of Revenue has created a task force to review how multinationals' international transactions are taxed.

Indian tax officials met representatives of the big-four accounting firms on November 27 as they continue to build up to the introduction of advance pricing agreements in India

TP Week sponsor KPMG reports exclusively from a meeting with the revenue body and the Big Four. KR Girish and Veena Parrikar write

Bob van der Made The European Commission has issued its latest progress report on the common consolidated corporate tax base (CCCTB working paper 57 entitled: Possible elements of a technical outline). The document was discussed by the Commission and the EU's member states at the end of September during the CCCTB working group meeting. EU tax commissioner Kovacs has recently announced that a directive on the CCCTB will be proposed by the Commission to ECOFIN in September 2008 under the French presidency of the EU.