HM Revenue and Customs said the UK pillar two legislation will be delayed until at least December 2023, while ITR reported on a secret Netflix settlement and an IMF study on VAT cuts.
Companies must recognise TP business risks and revise the functional analysis of their entities to manage the impact of rising inflation and supply chain disruption.
Italy’s TP circular highlights the need for businesses to have stronger comparability analysis as part of their approach to benchmarking.
Female tax professionals from Uber and elsewhere shared concerns over how to approach the valuation of intangible assets at ITR’s Women in Tax Forum.
Sponsored
Sponsored
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Sponsored by QCG Transfer Pricing Practice
Miguel Ángel García Piña and Jesús Aldrin Rojas of QCG Transfer Pricing Practice explain what companies in Mexico should consider to ensure compliance with Mexican controlling beneficiary (CB) laws. -
Sponsored by Arendt & Medernach
Alain Goebel, Danny Beeton and Benjamin Tempelaere of Arendt & Medernach explain the use of bilateral/multilateral APAs and MAPs and consider how they can be used by taxpayers during times of uncertainty.
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Sponsored by TPC Group
Carlos Vargas Alencastre of TPC Group provides analysis of Google’s strategy in relation to transfer pricing.
Global companies had to make transfer pricing adjustments as COVID-19 affected supply chains, an industry event heard.
Speakers from the World Bank and Astra Space at ITR’s Women in Tax Forum said tax authorities must strike a balance between the need to boost tax revenue and collect data.
The COVID-19 pandemic has worsened the work-life balance for many women tax professionals, said tax directors at ITR’s Women in Tax Forum in New York.
The OECD’s revised taxing rights under pillar one may not hit Amazon itself, but the company’s cloud business Amazon Web Services could well be within scope.
Tax directors must build a case for technology implementation, including with their CFOs, said panellists from eBay, Braze, and Walt Disney at ITR’s Women in Tax event.
There are renewed calls for the Corporate Transparency Act in Congress after the US ranked number one on the Financial Secrecy Index.
US Congress looks increasingly unlikely to approve the global minimum corporate rate, but the rest of the world may go ahead regardless.
Tax consultants and in-house tax directors say companies and tax authorities could benefit from the use of blockchain technology to file more accurate TP documentation.
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“Never let a good crisis go to waste”
Giles Parsons looks at how companies can respond to COVID-19 and make themselves stronger and more efficient in the long-term. -
Why sustainable tax makes good business sense
Karl Berlin, vice president and head of tax at Ørsted, makes the case for a more transparent, more sustainable tax policy and explains why his company takes this approach. -
Deep dive: Indian Supreme Court’s ruling on software licensing fees
Sanjeev Sharma, principal director of income tax at the India Income Tax Department, explains how the Supreme Court’s ruling on software licensing fees interpreted the application of tax treaties, the OECD Model Tax Convention, Income Tax Act and Copyright Act. -
Indian Supreme Court’s view in software tax case leaves other tax options open
Amit Agarwal and Rama Gupta assess how the Indian Supreme Court’s decision on taxing software licensing fees could result in the distribution and use of computer software being taxed in alternative ways in the future. -
Multilateral tax treaties can be simplified using economic principles
Federico Balbiano di Colcavagno, transfer pricing expert at Vale International, presents his proposal for a simplified multilateral tax treaty model that is consistent with the arm’s-length principle, taxing rights, and based on economic principles.
Nominations are now being accepted for the best in-house teams and practitioners across tax and transfer pricing for ITR's 2022 Awards.
The Women in Business Law Awards is excited to present its shortlist for the 2022 Americas Awards.
The Asia-Pacific awards research cycle has now begun – don’t miss out on this opportunity to get recognised.
The Europe, Middle East, & Africa awards research cycle has now begun – don’t miss out on this opportunity to get recognised