This content is from: United States Facebook potentially facing $5 billion tax bill A US Internal Revenue Service (IRS) investigation into Facebook could land the technology company with a bill that would have “material adverse impact” on the company’s finances. By Joelle Jefferis July 29 2016
This content is from: Sponsored Clarification on Greek TP documentation Greece has issued two decisions to clarify the application of documentation rules in cases of tax adjustments and the issue of whether Real Estate Investment Companies are liable companies for transfer pricing purposes. By ITR Correspondent July 28 2016
This content is from: European Union The transfer pricing implications of Brexit The UK’s decision to leave the European Union could have two significant impacts on the transfer pricing environment in the UK: freedom from the relevant EU Directives, and movement of companies or financial and other... By ITR Correspondent July 27 2016
This content is from: Transfer Pricing EXCLUSIVE: OECD loses second TP expert Andrew Hickman, former head of the transfer pricing unit, left the OECD in June. In this exclusive interview, he discusses the trials and tribulations of BEPS and why there is never a good time to leave the OECD. By Joelle Jefferis July 22 2016
This content is from: Transfer Pricing BEPS: The Global Transfer Pricing Forum in New York BEPS is transforming multinationals and the 16th annual ITR Global Transfer Pricing Forum in New York will examine varying tax authority approaches; pitfalls for taxpayers; and OECD updates. By ITR Correspondent July 21 2016
This content is from: United States BEPS: The ITR Global Transfer Pricing Forum in New York BEPS is transforming multinationals and the 16th annual ITR Global Transfer Pricing Forum in New York will examine varying tax authority approaches, pitfalls for taxpayers and OECD updates. By ITR Correspondent July 21 2016
This content is from: Ireland Ireland’s retroactive exchange of information regime The Irish Revenue Commissioners (Revenue) has confirmed that Ireland’s spontaneous exchange of information regime (the regime) will apply to certain tax rulings issued as far back as January 1 2010. By ITR Correspondent July 20 2016
This content is from: Belgium TP documentation: mandatory requirements in Belgium On July 4 2016, the Belgium government adopted a law introducing statutory transfer pricing documentation requirements for certain taxpayers. By ITR Correspondent July 18 2016
This content is from: United States NEWS BRIEFS for July 14 The latest headline transfer pricing news including an update on the Apple State aid case; BEPS Action 4 and the anti-tax avoidance directive. By ITR Correspondent July 14 2016
This content is from: United States US Treasury Secretary in Brussels as Apple State aid ruling looms The European Commission's anti-trust chief Margrethe Vestager is meeting with US Treasury Secretary Jack Lew today in Brussels as investigators prepare to rule on Ireland’s tax deal with Apple. By ITR Correspondent July 13 2016
This content is from: United States Jack Lew in Brussels as Apple tax ruling looms US Treasury Secretary Jack Lew is in Brussels for talks with the European Commission's anti-trust chief Margrethe Vestager as investigators prepare to rule on Ireland’s tax deal with Apple. By Caroline Byrne July 12 2016
This content is from: Global BEPS is here. Now what? For the second consecutive year, Thomson Reuters and TP Week sought to determine the extent to which corporations are prepared to implement the BEPS recommendations across their tax and accounting departments. Brian P... July 12 2016
This content is from: Global Separating intangible value by surveys In the ninth in a series of articles on intangibles and finance, Philip de Homont and Alexander Voegele of NERA Frankfurt show how to handle surveys for intangibles and transfer pricing. July 12 2016
This content is from: United States IRS sues Facebook over IP rights transferred to Ireland The US Internal Revenue Service is investigating whether Facebook undervalued intellectual property rights by billions of dollars in an IP transfer to Dublin. By Caroline Byrne July 11 2016
This content is from: United States IRS sues Facebook over IP rights transferred to Ireland The US Internal Revenue Service is investigating whether Facebook undervalued intellectual property rights by billions of dollars in an IP transfer to Dublin. By Caroline Byrne July 11 2016
This content is from: United States European Commission releases Starbucks tax ruling The European Commission has published its nine-month-old ruling involving Starbucks and its tax agreements with Netherlands, shedding further light on the murky world of State aid investigations. By ITR Correspondent July 11 2016
This content is from: Italy TP audits: The approach by Italian tax authorities Within Europe, policies have been developed to enable the free circulation of people, goods and services. Alongside this, steps have been made towards greater interconnection between the tax systems of different count... By ITR Correspondent July 08 2016
This content is from: Transfer Pricing OECD holds Paris talks on Multilateral Instrument The OECD is pushing ahead with plans for a multilateral instrument by year-end to help implement tax treaty-related BEPS measures – one of the most contentious of the BEPS Action proposals. By Caroline Byrne July 07 2016
This content is from: Transfer Pricing BEPS survey: Tax departments are juggling resources Many companies adjusting their tax departments for a post-BEPS world say they don't yet have enough resources to deal with the extra work. By Joelle Jefferis July 07 2016
This content is from: Austria EU Parliament votes on fairer taxation measures The EU is a step closer to introducing an EU-wide withholding tax on company profits leaving the bloc, as well as several new compliance and tax rules. By Amelia Schwanke July 07 2016
This content is from: United States NEWS BRIEFS for July 3 The latest headline transfer pricing news including the US update on CbCR, new agreement between India and Cyprus, and further OECD guidance on CbCR By ITR Correspondent July 04 2016
