Transfer Pricing

Archive: Transfer Pricing

This content is from: Sponsored

TP adjustments and customs duties in a post-COVID-19 environment

Adrian Ball of EY looks at how customs authorities and companies are addressing the issue of end-of-year transfer pricing (TP) adjustments, and how companies should address this with customs authorities across the Asi...
By Adrian Ball

& EY Asia-Pacific
June 30 2020
This content is from: Sponsored

Foreword: Reshaping the tax landscape to aid economic recovery

The first edition of the EY Asia-Pacific guide comes timely as markets rebuild following a disruptive start to 2020. Asia-Pacific Tax Leader, Eng Ping Yeo, introduces the key themes that businesses must anticipate as ...
By Eng Ping Yeo

& EY Asia-Pacific
June 30 2020
This content is from: Sponsored

Is your tax function ready for transformation?

In collaboration with EY, ITR brings you practical insight into how tax departments across the Asia-Pacific region are approaching the challenges that have come to the forefront during 2020.
By Prin Shasiharan
June 30 2020
This content is from: Sponsored

How COVID-19 will transform tax departments

Paul Griffiths and Edvard Rinck of EY assess what the paradigms for multinational operating models in Asia may look like after the COVID-19 crisis and consider what this means for tax departments.
By Edvard Rinck

& EY Asia-Pacific

& Paul Griffiths
June 30 2020
This content is from: Sponsored

The OECD presses on with BEPS 2.0 in today’s distressed times

As the OECD takes on an updated schedule to deliver on its targets, Barbara Angus and Luis Coronado of EY lay out the latest developments and provide their views on what to expect next.
By Barbara Angus

& EY Asia-Pacific

& Luis Coronado
June 30 2020
This content is from: Direct Tax

Countries clarify reporting after EU Council deferred DAC6

The UK is the latest country to defer reporting requirements under the EU’s mandatory disclosure regime after the EU Council agreed to defer reporting by six months, but not all countries are allowing a deferral.
By Danish Mehboob
June 25 2020
This content is from: Transfer Pricing

Tax insurers are preparing to cover more PE risks

Insurance providers are anticipating a rise in the number of businesses seeking insurance that covers permanent establishment (PE) risks as countries implement unilateral measures until there is a global solution to t...
By Josh White
June 25 2020
This content is from: Global

Asia Tax Awards 2020: Shortlist announced

The shortlist for the ITR Asia Tax Awards 2020 has been announced.
By Prin Shasiharan
June 25 2020
This content is from: India

India’s expanded equalisation levy risks scaring away MNEs

India’s decision to expand the scope of the equalisation levy risks chasing away multinational enterprises (MNEs) at a time when the country is trying to revive the crisis-stricken economy.
By Mattias Cruz Cano
June 24 2020
This content is from: United States

US Supreme Court declines to hear Altera’s case

The US Supreme Court refusal to hear Altera’s case against Treasury regulations on stock-based compensation has, in effect, handed a landmark victory to the IRS. However, the transfer pricing issues the case raised re...
By Josh White
June 23 2020
This content is from: Global

Tax economists double down on global tax multilateralism

International Commission for the Reform of International Corporate Taxation’s (ICRICT) Joseph Stiglitz has reemphasised the need for global tax reforms after the US pulled out of digital tax negotiations with the OECD.
By Danish Mehboob
June 19 2020
This content is from: United States

The US pulls out of digital tax talks

The Trump administration has upended talks on digital tax reform with its European partners and struck a serious blow to the OECD’s efforts to find an international agreement this year.
By Josh White
June 18 2020
This content is from: Transfer Pricing

Taxpayers fear CbCR data will fuel a rise in audits after COVID-19

Businesses are concerned that tax authorities will find a way to use data from submitted country-by-country reports to initiate more audits as governments try to boost tax revenue and pay back debts created by COVID-1...
By Josh White
June 17 2020
This content is from: Direct Tax

Tax challenges will likely focus on benchmarking digital products

Digital consumer-facing companies with hard-to-value intangibles (HTVI), such as visual effects software, are preparing for transfer pricing challenges as countries begin looking to recover tax revenues.
By Danish Mehboob
June 15 2020
This content is from: Transfer Pricing

Tax insurance providers are expanding cover for transfer pricing risks

Tax risk insurance providers are covering more transfer pricing matters as TP knowledge in the insurance industry improves and the rise of TP documentation such as country-by-country reporting (CbCR) makes TP easier t...
By Josh White

& Mattias Cruz Cano
June 11 2020
This content is from: Tax Disputes

Tiger Global to appeal AAR tax ruling on Indian Walmart-Flipkart deal

The Indian Authority for Advanced Rulings (AAR) has rejected Tiger Global’s plea for a withholding tax exemption on the sale of its stake in Flipkart to Walmart, but the company is reportedly preparing to appeal.
By Josh White
June 11 2020
This content is from: Transfer Pricing

MNEs fear 2020 comparables will make TP more difficult

Transfer pricing specialists are worried that 2020 comparables will be more difficult to use in future arrangements than those from previous years, but this is just one of many TP challenges.
By Josh White
June 04 2020
This content is from: Global

US launches investigation to attack DSTs

The US has announced that it will begin an investigation into digital services taxes (DSTs) that have been adopted or are being considered, alluding to a more aggressive response to unilateral action.
By Mattias Cruz Cano
June 03 2020
This content is from: Transfer Pricing

Businesses stick to TP compliance strategies despite COVID-19

Tax professionals have managed to keep up with compliance challenges in transfer pricing despite the COVID-19 pandemic.
By Josh White
June 02 2020

Instant access to all of our content. Membership Options | One Week Trial