This content is from: Sponsored New penalties for Greek TP failures The most important development that took place in the last months of 2015 with regard to Greece’s transfer pricing regime was the enactment of Law 4337/2015, which led to the rationalisation of the respective penalty ... By ITR Correspondent March 31 2016
This content is from: Sweden Net Entertainment wins against Swedish tax authorities The Swedish Administrative Court of Appeal has upheld gaming software supplier Net Entertainment’s appeal against the Swedish tax authority’s transfer pricing adjustment. By Joelle Jefferis March 31 2016
This content is from: Direct Tax BEPS: The impact survey In May 2015, TP Week surveyed in-house tax professionals and found that 54% of them have been proactively taking steps to prepare for BEPS implementation. By Matthew Gilleard March 31 2016
This content is from: Sponsored Norway: New proposal for a statutory GAAR in Norway The evaluation of the GAAR is following up on one of the recommendations put forward by the Scheel tax commission. By Daniel Herde & Deloitte Norway & Inger Camilla Gjeruldsen March 30 2016
This content is from: Global Implementation of profit splits In the seventh in a series of articles on intangibles and finance, Tom Braukmann, Philip de Homont and Alexander Voegele, NERA Frankfurt, show how to implement a profit split system. March 30 2016
This content is from: Sponsored Italian tax authorities clarify APA procedure On March 21 2016, the director of the Italian Revenue Office (Agenzia delle Entrate) issued regulation no. 42295/2016 (the regulation), containing provisions for the application of the rules on advance pricing agreeme... By ITR Correspondent March 29 2016
This content is from: India How patent boxes became the new normal Since October 2015, authorities have been reacting to the outcome of the BEPS Project. The implementation of new legislation and adaption of existing regulations to match the new OECD guidelines has already begun to i... By Joelle Jefferis March 24 2016
This content is from: Transfer Pricing BEPS: The impact survey In May 2015, TP Week surveyed in-house tax professionals and found that 54% of them had been proactively taking steps to prepare for BEPS implementation. By Joelle Jefferis March 23 2016
This content is from: Sponsored New APA regime announced for Ireland Ireland recently announced it will introduce a formal advance pricing agreement (APA) programme this year. By ITR Correspondent March 23 2016
This content is from: Transfer Pricing A typical TP lifecycle and the need for strong documentation Over the past three weeks, Ravi Lakdawala, transfer pricing lead at Bayer India, has explored how taxpayers can implement a successful TP lifecycle from the initial planning stage and now, how to support it with stron... By ITR Correspondent March 22 2016
This content is from: European Union State aid and tax – consequences for information sharing Some measures in the UK’s 2016 Budget deal with state aid and its application to tax, although only two of them refer directly to state aid. By Contributed March 18 2016
This content is from: United Kingdom Osborne driving ahead on BEPS in UK Budget The UK Budget for 2016 offered few surprises but showed the desire of George Osborne, chancellor of the exchequer, to lead the way in implementing OECD BEPS recommendations ahead of the rest of the world. By Joelle Jefferis March 17 2016
This content is from: Transfer Pricing A typical TP lifecycle: policy formation and monitoring Ravi Lakdawala, transfer pricing lead at Bayer India, continues his review of how taxpayers can implement a successful TP lifecycle, this time focusing on the formation of the TP policy and monitoring its effect. By ITR Correspondent March 15 2016
This content is from: United States US will withdraw from CbCR if made public Robert Stack, deputy assistant secretary at the US Treasury, has said the US would not share information from country-by-country reports (CbCR) if authorities decide to make the information public. By Joelle Jefferis March 14 2016
This content is from: United States Stack and Saint-Amans agree: US tax reform driven by BEPS process Pascal Saint-Amans, director at the OECD, and Robert Stack, deputy assistant secretary at the US Treasury have acknowledged the role the BEPS process has held in pushing the US to reform its tax system. By Joelle Jefferis March 10 2016
This content is from: Sponsored Norway: Foreign rig owner wins Norway Supreme Court case concerning limited tax liability The Supreme Court in Odfjell Rig (case Rt-2015-1360) concluded that the limited activities carried out onshore were not sufficient to create the taxable nexus to Norway that would be necessary for tax to apply to the ... By Daniel Herde & Deloitte Norway & Trond Eivind Johnsen March 09 2016
This content is from: United States US to finalise CbCR rules by end of June The US “fully expects” to have finalised its country-by-country reporting (CbCR) rules by June 30, according to Robert Stack, Treasury deputy assistant secretary for international tax affairs. By Contributed March 09 2016
This content is from: United States US to finalise CbCR rules by July The US will finalise its country-by-country reporting (CbCR) rules by July, according to Robert Stack, Treasury deputy assistant secretary for international tax affairs. By Joelle Jefferis March 09 2016
This content is from: Transfer Pricing A typical TP lifecycle and its effective implementation Over the next three weeks, Ravi Lakdawala, transfer pricing lead at Bayer India, explores how taxpayers can implement a successful TP lifecycle from the planning stage to submitting documentation. By ITR Correspondent March 08 2016
This content is from: Australia Australian budget preview: multinationals targeted? The Australian budget for 2016-2017 is released on Tuesday. TP Week looks ahead to see which policies are likely to be unveiled to tame the fury over cross-border taxation. By Joelle Jefferis March 01 2016
