This content is from: Finland Nordic taxpayers fear CbCR laws will trigger multiple audits Sweden and Finland have issued bills to implement country-by-country reporting (CbCR) legislation and Norway is awaiting parliamentary approval, creating anxiety for taxpayers. By Lena Angvik October 31 2016
This content is from: European Union IKEA Handel og Eiendom loses Supreme Court of Norway tax case IKEA has lost an important tax battle that could have implications for other multinationals deducting interest on inter-company debt. By ITR Correspondent October 26 2016
This content is from: Norway EXCLUSIVE: Supreme Court of Norway rules in IKEA case Norway has ruled in the IKEA Handel og Eiendom case involving more than $50 million in interest deductions on inter-company debt in a tax decision that could have implications for multinationals using the arm's-length... By ITR Correspondent October 26 2016
This content is from: Spain Santander state aid case may prove crucial to Apple’s appeal Apple’s €13 billion ($14.8 billion) tax battle could hinge on a little-known Spanish case involving Santander and Autogrill España that has been knocking around the European Commission and courts for a decade. A final... By Caroline Byrne October 25 2016
This content is from: Transfer Pricing Five new jurisdictions sign the MCAA Brazil, Guernsey, Jersey, the Isle of Man and Latvia signed the OECD's Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of country-by-country reports bringing the total to 85. October 24 2016
This content is from: Transfer Pricing OECD releases BEPS Action 14 documents The OECD has released key documents that will form the basis of the Mutual Agreement Procedure (MAP) peer review and monitoring process under Action 14 of the BEPS Action Plan. By ITR Correspondent October 21 2016
This content is from: China News Briefs for October 20, 2016 The latest transfer pricing news includes the updated Chinese APA programme, Indonesian plans for a lower tax rate, and UK concerns on proposed penalties. By ITR Correspondent October 20 2016
This content is from: United States US and Mexico agree on TP framework for maquiladoras US taxpayers with maquiladora operations in Mexico can now avoid double taxation by entering into a unilateral advance pricing agreement (APA). By Lena Angvik October 18 2016
This content is from: United States Netflix reports UK tax as pressure intensifies on MNEs Netflix, the entertainment streaming service with an estimated 5 million British subscribers, is the third US multinational in a week to reveal how much – or how little – UK corporate tax it pays. By Caroline Byrne October 13 2016
This content is from: Vietnam Vietnam releases draft of new TP rules Vietnam has proposed significant changes to its transfer pricing rules in an effort to battle tax evasion. By Lena Angvik October 12 2016
This content is from: Spain VIDEO: Getting ready for BEPS, the essentials Taxpayers preparing for a post-BEPS world need to ensure tax and business departments start working together, tax practitioners say. By ITR Correspondent October 10 2016
This content is from: Poland Poland introduces 'revolutionary' TP changes Poland plans substantial changes to TP requirements while advisers report an increasing number of audits. By ITR Correspondent October 10 2016
This content is from: United Kingdom Facebook UK tax credit leads to questions Facebook UK Ltd. ended its fiscal year with a tax credit while eBay (UK) Ltd. paid £1.1 million ($1.24 million), according to financial accounts sparking debate about Britain's treatment of multinationals. By ITR Correspondent October 10 2016
This content is from: United States The top US tax controversies in 2016 There have been a number of significant developments in the area of US tax controversies during 2016. Fenwick & West highlight some of the top US tax cases from this year, including several large § 482 transfer pricin... By Contributed October 07 2016
This content is from: Brazil Taxpayers struggle to win tax disputes in Brazil Taxpayers have won less than a third of cases in Brazil’s Carf (conselho administrativo de recursos fiscais) courts since it reopened in December 2015, leading to expensive appeals. By Joelle Jefferis October 06 2016
This content is from: United States Donna McComber returns to Baker and McKenzie The former assistant director of the advance pricing and mutual agreement programme at the IRS in the US has rejoined Baker and McKenzie as a director of economics. By Joelle Jefferis October 05 2016
This content is from: France News Briefs for October 3, 2016 The latest transfer pricing news including updates on Irish bilateral APAs, the OECD's Multilateral Instrument and Costa Rica's TP regulations. By ITR Correspondent October 03 2016
This content is from: United States Americas Tax and Transfer Pricing Awards 2016 McDermott Will & Emery, the winner of the Americas Tax Firm of the Year, has shown the greatest strength in depth on both continents. The firm was honoured at the Americas Tax Awards in New York on September 15 2016. ... October 03 2016
This content is from: Canada Cameco transfer pricing case to start in Canada Cameco heads to court this week over a potential C$2.2 billion (US $1.68 billion) tax bill involving its Swiss subsidiary in one of the largest transfer pricing disputes in Canadian history. By ITR Correspondent October 03 2016
