This content is from: South Korea Korean court sides with customs service over marketing fees dispute An administrative court in South Korea has sided with the customs service in a dispute relating to a Korean taxpayer’s marketing fees paid to the corporate entity headquarters. By Sophie Ashley April 30 2015
This content is from: Direct Tax How hundreds of multinationals are preparing for BEPS legislation and what you can do BEPS is a significant landmark for multinational companies and international revenue organisations. It will mean big changes to companies’ tax and transfer pricing operations. And, while no one knows specifically how ... April 29 2015
This content is from: Global The Brockman brief: Timing symmetry is shattered: CbCR and TP documentation May’s instalment of his column sees Keith Brockman, global tax director at Mars, lecturer and author of the Strategizing Multinational Tax Risks blog, look at the problems that may arise for taxpayers given the timing... April 27 2015
This content is from: Australia DPT: Counterbalancing the UK's 'open for business' agenda? The introduction of the UK's diverted profits tax (DPT) on April 1 2015 has dismayed tax practitioners and their multinational clients. Rushed through parliament (ahead of its dissolution before the general election) ... April 27 2015
This content is from: Turkey Turkey’s approach to fighting against BEPS As one of the founding members of the OECD and also a member of the G20 group – holding the group presidency position for 2015 – Turkey generally supports the OECD’s Action Plan to fight against base erosion and profi... April 27 2015
This content is from: European Union EU: Cross-border exchange of rulings - what's proposed? Timothy Lyons QC and Kelly Stricklin-Coutinho of 39 Essex Chambers analyse recent transparency developments across Europe, focusing on the proposed requirement for EU member states to provide a quarterly report on all... April 27 2015
This content is from: Turkey Navigating Turkey’s real estate tax considerations Arif Çelen of WTS & Çelen in Turkey looks at the significant tax and legal considerations relevant for taxpayers operating, or planning to operate, in the real estate sector in Turkey. April 27 2015
This content is from: Global Tax planners' task tougher than ever Failing to plan is planning to fail. We are all familiar with the phrase. But practising what one preaches in this regard has never been more important for corporate taxpayers. April 27 2015
This content is from: United States Australia and UK want to go “further and faster” than the OECD on diverted profits action The UK diverted profits tax (DPT) – dubbed the Google tax – has been in effect for almost a month, and Australia is looking at similar action to be included in its May 12 Budget speech, after signalling a desire to mo... By Matthew Gilleard April 26 2015
This content is from: Transfer Pricing Why companies are at risk if their board is not involved in TP If your company’s board-level executives are not concerned about your transfer pricing operations your company could be at risk during audit. TPWeek speaks to in-house tax directors and their advisers to find out how ... By Sophie Harding April 15 2015
This content is from: Australia BHP Billiton and Rio Tinto come under fire over alleged profit shifting through marketi... Allegations that BHP Billiton and Rio Tinto shifted billions of dollars in iron ore profits through marketing hubs in Singapore has added fuel to the raging debate in Australia over tax avoidance involving multination... By Sophie Harding April 13 2015
This content is from: United States US APA 2014 statistics show loss of productivity Advance pricing agreements (APAs) statistics for 2014 in the US indicate the Internal Revenue Service’s (IRS) productivity has decreased by 30% from 2013. By Sophie Harding April 12 2015
This content is from: France France clarifies abusive tax structures for multinationals The French tax administration has released a list of 17 structures or schemes it considers to be abusive and has described each structure and outlined the potential liability of re-assessment. By Sophie Ashley April 09 2015
This content is from: Denmark Danish GAAR threatens taxpayers with more uncertainty and aggression The Danish government has introduced a Bill (L167) to implement a general anti-avoidance rule (GAAR) in the country for the first time, which would enable authorities to deny treaty benefits if obtaining those benefit... By Matthew Gilleard April 08 2015
This content is from: Italy Italian tax authorities accuse gaming website of €300 million tax evasion Online gaming site, PokerStars, has been accused of tax evasion totalling €300 million ($326 million) by the Italian tax authorities. By Sophie Ashley April 08 2015
This content is from: Italy PokerStars gaming website accused of €300 million tax evasion The Italian tax authorities have accused online gaming websites PokerStars of tax evasion amounting to €300 million ($326 million). By Sophie Ashley April 08 2015
This content is from: Transfer Pricing World Transfer Pricing and World Tax 2016: The research period is now open Don't miss out on your chance to be included in the leading directories for tax and transfer pricing firms around the world. April 07 2015
This content is from: Australia Australian inquiry scrutinises Apple, Google, Microsoft tax structures Apple, Google and Microsoft have denied that they avoid tax during a day-long grilling by Australian senators. By Joe Stanley-Smith April 07 2015
This content is from: Transfer Pricing How the UN is working for developing countries in BEPS The UN’s role in transfer pricing policy seems to have quietened since the release of its practical manual on transfer pricing for developing countries in 2013. Particularly now the OECD is dominating the headlines wi... By Sophie Harding April 06 2015
This content is from: Direct Tax Women in Tax leaders guide - nominations open This is your chance to nominate the leading women in the tax advisory world. Vote now. By Matthew Gilleard April 02 2015
This content is from: India India’s I-T Department extends roll-back application deadline for TP agreements India’s Income-Tax (I-T) Department announced the deadline for filing roll-back applications for transfer pricing agreements will be extended. This is welcome news for tax professionals who criticised the government’s... By Sophie Harding April 01 2015
