Transfer Pricing

Archive: Transfer Pricing

This content is from: United Kingdom

Ladbrokes loses £71 million tax gamble against HMRC

Bookmaker Ladbrokes has lost a £71 million ($88.2 million) appeal against the HMRC after using a tax avoidance scheme.
By Lena Angvik
February 28 2017
This content is from: United States

Deloitte reclaims its crown as world’s largest firm

Buoyed by a rapidly expanding tax practice, Deloitte has bested PwC to reclaim its crown as the world’s largest professional services firm.
By Salman Shaheen
February 28 2017
This content is from: India

Welcome to the world of secondary adjustments

Tirthesh Bagadiya of Bagadiya & Jain looks at what he sees as the beginning of a new era in Indian transfer pricing regulations
By Contributed
February 28 2017
This content is from: Luxembourg

New TP partner joins PwC Luxembourg

PwC Luxembourg has appointed Christophe Hillion as a new partner in its transfer pricing unit. Hillion joins from PwC’s New York office, where he led the financial transaction transfer pricing practice. He also focuse...
By Lena Angvik
February 23 2017
This content is from: United States

Apple challenges EC’s use of arm’s length in state aid case

Apple released its grounds for appealing the €13 billion ($14 billion) tax bill from the European Commission earlier this week, arguing that the Commission’s arm’s-length test did not comply with EU laws for determini...
By Lena Angvik
February 23 2017
This content is from: South Africa

The TP changes you need to know about in South Africa’s budget

Finance minister Pravin Gordhan needs to find ZAR 28 billion ($2.1 billion) to plug the deficit in South Africa’s revenue. This might mean transfer pricing changes in tomorrow’s budget.
By Lena Angvik
February 21 2017
This content is from: Italy

Automatic information exchange comes to Italy

Antonella Della Rovere and Filipa Correia of Valente Associati GEB Partners look at Directive 2015/2376/EU and its implementation in Italy.
By ITR Correspondent
February 21 2017
This content is from: China

Are taxpayers ready for Hong Kong’s TP regime?

Hong Kong’s transfer pricing rules are ambiguous and not codified in law, but with a new regime under way, are taxpayers ready for sweeping changes?
By Lena Angvik
February 16 2017
This content is from: Indonesia

Pascal Saint-Amans pleased with progress on automatic sharing of CbC information

With more jurisdictions signing up to the OECD’s tax co-operation agreement to enable the automatic sharing of country-by-country information, Pascal Saint-Amans tells TP Week that the new measures are proving effective.
By Salman Shaheen
February 15 2017
This content is from: Switzerland

Swiss voters resoundingly refuse to foot the bill for multinational tax sweeteners

In what will likely prove to be Switzerland’s most important referendum of 2017, voters overwhelmingly refused to back Corporate Tax Reform III in a sign they are not willing to see Switzerland’s status as a tax haven...
February 14 2017
This content is from: Transfer Pricing

Australia’s diverted profits tax could spark a global trend

On February 9, the Australian Parliament introduced a bill including a diverted profits tax (DPT). Could other countries looking to shore up their tax bases follow suit?
By Lena Angvik
February 14 2017
This content is from: Transfer Pricing

Resource curse: The TP uncertainties facing mining groups in 2017

Since the OECD’s BEPS Project was launched in October 2015, many industries are having to adjust to the new environment. A new Deloitte report found that the mining sector, with its long-term investments in developing...
By Lena Angvik
February 09 2017
This content is from: Switzerland

Swiss taxpayers eagerly eye knife-edge corporate tax reform referendum

Switzerland could be set for sweeping change if voters approve Corporate Tax Reform III. What do the proposed measures mean for taxpayers?
February 07 2017
This content is from: Luxembourg

More companies will leave Luxembourg, says finance minister

Luxembourg’s finance minister expects more companies to follow the lead of McDonald’s and relocate their tax bases amid increased scrutiny from European tax authorities.
By Lena Angvik
February 07 2017
This content is from: Sponsored

Luxembourg’s sharpened tax rules for intra-group financing

On December 27 2016, the Luxembourg Tax Authorities (LTA) published a circular, L.I.R. no 56/1 – 56bis/1 (Circular) designed to position the seminal principles of the OCED TP Guidelines (i.e. the arm’s-length principl...
By ITR Correspondent
February 03 2017
This content is from: United States

OPINION: Is a race to the bottom really in corporate interests?

Companies have long been lobbying for lower corporate tax rates. But the consequences of going too far might not be in their interests in the long-term.
February 02 2017
This content is from: Transfer Pricing

India’s 2017 budget: TP highlights and lowlights

India’s finance minister, Arun Jaitley, introduced two new measures in the 2017 budget, secondary adjustments and thin capitalisation rules, but taxpayers have been left nonplussed.
By Lena Angvik
February 02 2017

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