This content is from: United States Enter now for the Americas Tax Awards 2012 The research process for International Tax Review's Americas Awards has begun. June 27 2012
This content is from: India India’s DTC and GST in doubt as Mukherjee to leave office The future of India’s Direct Taxes Code and goods and service tax looks uncertain as the country’s finance minister is set to leave office. By Jack Grocott June 24 2012
This content is from: India How intra-group services hold transfer pricing lessons Intra-group services have been an area of significant focus by the Indian revenue officers. During audit, it is typical that, as Indian regulations do not specifically provide for detailed rules for treatment of mana... June 24 2012
This content is from: India What the OECD draft on intangibles means for Indian taxpayers The transfer pricing aspects of intangible assets have emerged as one of the most complex issues in tax law. Effectively dealing with this issue is especially critical for developing countries, such as India, where th... June 21 2012
This content is from: Italy The Italian Revenue Agency’s transfer pricing outlook for APA and MAP Luigi Magistro, director of the Central Assessment Directorate at the Italy Revenue Agency, talks exclusively to TPWeek about the department's transfer pricing approach. June 21 2012
This content is from: United States Eaton versus the IRS: Uncertainty in US APAs Eaton, an electrical component manufacturer, is contesting an IRS decision to revoke an advance pricing agreement it made with the taxpayer and a transfer pricing adjustment against the company for $127 million. By Sophie Ashley June 20 2012
This content is from: Transfer Pricing Why OECD’s ALP is under threat A conference organised by the Tax Justice Network in Helsinki heard how the arm’s length principle (ALP) is failing developing countries and that it must be redeemed or replaced. June 18 2012
This content is from: Transfer Pricing OECD’s Marlies de Ruiter admits need to improve transfer pricing guidelines, but stands... Marlies de Ruiter, head of the tax treaty, transfer pricing and financial transactions division at the OECD, agrees with tax justice activists that the transfer pricing guidelines could work better, but she remains lo... By Salman Shaheen June 17 2012
This content is from: Transfer Pricing An in-depth look at the OECD's draft on intangible assets The OECD Working Party No 6 launched its intangibles project in 2010 and released its discussion draft on June 6 2012. One adviser provides an in-depth analysis of what this draft means for taxpayers. June 14 2012
This content is from: Transfer Pricing The World Bank’s part in transfer pricing and the developing world The World Bank, like the OECD and the UN, is working to simplify how transfer pricing works for developing countries. TPWeek speaks to Richard Stern, programme manager for tax simplification at the World Bank Group (W... By Sophie Ashley June 13 2012
This content is from: United States Recent US customs notice may help compliance with potentially conflicting transfer pric... The US Customs and Border Protection (US CBP) published a Notice on May 16 revoking a Headquarters Ruling, HRL 54764 (November 8, 2001). The revocation should make it easier for companies importing products purchased ... June 13 2012
This content is from: Transfer Pricing BIAC speaks for business on OECD intangibles draft Chris Lenon, who chairs the Tax Committee of the Business and Industry Advisory Committee to the OECD, provides comment on the discussion draft on intangibles released by the OECD last week. June 12 2012
This content is from: India India’s APA team formed India has established the team that will negotiate the first advance pricing agreements (APA) since the measure was introduced in the budget in March, though there is speculation that the members will be responsible f... By Sophie Ashley June 10 2012
This content is from: China The rise of the profit split method in China As China’s market increases with more multinational enterprises (MNE) establishing operations in the country, the tax authorities are becoming more aggressive and taxpayers are seeing a rise in the use of the profit s... June 07 2012
This content is from: India Introduction of sixth transfer pricing method in India The Central Board of Direct Taxes (CBDT) inserted the new Rule 10AB to the income tax rules, 1962 notifying of the “other method” - apart from the five methods prescribed in the Indian transfer pricing regulations. June 07 2012
This content is from: Transfer Pricing OECD releases discussion draft on intangible assets The OECD's Working Party No 6 discussion draft on the transfer pricing aspects of intangible assets was published well ahead of time yesterday because of pressure from taxpayers and practitioners. By Sophie Ashley June 06 2012
This content is from: Transfer Pricing Andrus confirms early publication date for OECD intangibles draft Joe Andrus, head of the transfer pricing unit at the OECD, has confirmed an early publication date for the draft on intangible assets. By Sophie Ashley June 05 2012
