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  • By Steven Felgran and Patricia Fouts (US)
  • Multinational companies and transfer pricing go hand in hand. As more and more services and products are traded across borders between companies in the same group, so the issues concerning what price those goods should be traded at have become more and more important.
  • By Larry Quimby and Joseph Pearce, PricewaterhouseCoopers, US
  • By Thierry Morgant, Landwell & Associés, France
  • By Andreas Staubli, PricewaterhouseCoopers, Switzerland
  • By Robert van der Laan, PricewaterhouseCoopers, Netherlands
  • By Gianni De Robertis (Italy), Matthias Kaut (Germany), and Damian Preshaw (Australia)
  • Interpretation of Articles 43, 49 and 56 EC – National tax legislation – Ability of a company established on national territory to deduct for tax purposes interest paid on a loan granted by its parent company – Situation differing according to the state where the parent company established.
  • Frank Ng will be the first US Internal Revenue Service deputy commissioner (international) for large and medium sized businesses (LMSB). Ng was the industry director for communications, technology and media in LMSB before taking on an acting role in his new job.
  • The Chartered Institute of Taxation has said the powers of Her Majesty's Revenue & Customs (HMRC), the UK tax authority, should be reviewed by a separate body, rather than through the authority's own consultation process. HMRC suggested an internal review in a paper called 'Modernising powers, deterrents and safeguards'