This content is from: Switzerland Transfer Pricing Associates strengthens customs practice TPA Global has made up a partner in their customs practice in Switzerland. January 28 2009
This content is from: United States Mandatory arbitration gains popularity in advance pricing agreement cases A recent memorandum of understanding signed by the US and Germany has introduced a set of guidelines that set out how to utilise arbitration in advance pricing agreements. January 28 2009
This content is from: Thailand Thailand concludes its first APAs Thailand has concluded its first two bilateral advance pricing agreements (APA) seven years after transfer pricing guidelines were introduced to the country. January 27 2009
This content is from: India Bunge runs into related-party trouble The Indian division of Bunge, a US food company, has been ordered to pay additional taxes due to a transfer pricing-related indiscretion. The Indian income tax authority has said the company may also face a penalty fo... January 27 2009
This content is from: Japan Japan amends transfer pricing guidelines Japan’s National Tax Agency (NTA) has issued a series of amendments to its existing administrative guidelines on transfer pricing, as well as the accompanying reference case studies. January 27 2009
This content is from: United Kingdom HMRC set to impose penalties for transfer pricing discrepancies Her Majesty’s Revenue & Customs (HMRC) is expected to change the penalties it imposes on erroneous transfer pricing documentation from April. It is thought that the minimum penalty applied will be 10% of the total tax... January 21 2009
This content is from: United Kingdom Morris joins Deloitte Edward Morris has left HM Revenue & Customs in the UK to join the tax team at Deloitte. January 21 2009
This content is from: United States How the new temporary cost sharing regulations affect taxpayers On December 31 2008, the IRS issued new cost sharing regulations in temporary and proposed form. Mark Bronson of Ceteris explains what taxpayers should be doing to comply with the new rules January 20 2009
This content is from: United Kingdom AstraZeneca fights HMRC over transfer pricing A tax dispute between global pharmaceutical firm, AstraZeneca, and HM Revenues and Customs (HMRC) has been deferred until April 2010, with the outcome of the case expected to have an impact on multinationals and their... January 20 2009
This content is from: China What China’s Special Tax Adjustments Regulations really mean for foreign investors Glenn DeSouza says China’s transfer pricing regulations are a good sign of economic development January 20 2009
This content is from: Singapore Singapore prepares to develop transfer pricing policy The Inland Revenue Authority of Singapore (IRAS) issued transfer pricing guidelines for the first time in February 2006. In July 2008 the tax authorities opened a consultation to find out from taxpayers how the guidel... January 19 2009
This content is from: Transfer Pricing OECD listens to restructuring debate Taxpayers, officials and practitioners can contribute to the debate on business restructuring at a conference in London on February 13, six days before the closing date for comments on the OECD's discussion draft January 15 2009
This content is from: Slovak Republic Slovakia complies with EU transfer pricing rules Slovakia has enacted an amendment that brings its transfer pricing legislation into line with the documentation requirements of the EU Joint Transfer Pricing Forum. January 14 2009
This content is from: China China transfer pricing regulations released - English translation China’s State Administration of Taxation (SAT) released Circular Guoshuifa [2009] number 2 on January 8 2009 which finalised the implementation measures of special tax adjustments, a set of greatly anticipated new re... January 12 2009
This content is from: Czech Republic Czech thin cap rules to change again The Czech Republic government has changed the country's thin-capitalisation rules for the second time in a year. January 12 2009
This content is from: South Korea Korea’s Ministry of Strategy and Finance plans to raise the bar On January 5 2009, the Ministry of Strategy and Finance announced it would revise the enforcement decree of the law for the coordination of international tax affairs concerning transfer pricing disclosure requirements January 09 2009
This content is from: India Delhi High Court sets aside transfer pricing order An important decision by the High Court orders transfer pricing offices to conduct new assessments for several taxpayers. January 09 2009
This content is from: United States IRS produces cost sharing and contract manufacturing rules The Internal Revenue Service has issued the much anticipated regulations on cost-sharing and contract manufacturing arrangements for multinational companies. January 07 2009
This content is from: United States Goldman Sachs under review Goldman Sachs’ use of transfer pricing techniques among other issues, has led to investigations in numerous jurisdictions. January 07 2009
This content is from: Luxembourg Deloitte Luxembourg hires Rasch to lead new transfer pricing practice Deloitte in Luxembourg has launched a new transfer pricing practice led by new hire Marc Rasch and partner Erwan Loquet January 07 2009
This content is from: India Indian court rules against Coca-Cola An Indian court has ruled that Coca-Cola India failed to apply transfer pricing rules following an agreement to offer advisory services to a related party. January 07 2009
This content is from: Hong Kong SAR Transfer Pricing Associates bolsters Asia team Transfer Pricing Associates (TPA) has appointed Michael Velten to its Asia team. Velten will lead the firm's global financial services practice and will be based in Hong Kong January 06 2009
This content is from: China China finalises reporting forms for related-party transactions Steven Tseng and Cheng Chi of KPMG detail the latest changes in China January 06 2009
This content is from: China KPMG strengthens transfer pricing practice in China KPMG’s global transfer pricing services practice transfers two key figures and hires another to the China team. January 06 2009
This content is from: Transfer Pricing Customs valuation and transfer pricing get together Tax authorities around the world are beginning to note the importance of looking at both transfer pricing and customs valuations when assessing multinational companies’ operations. January 06 2009
