This content is from: Transfer Pricing MNEs in China use TP adjustments to manage year-end problems Chinese tax authorities are making it difficult for multinationals in China to make end-of-year transfer pricing (TP) adjustments, forcing tax departments to be extra vigilant and manage the administrative burden and ... By Leanna Reeves March 31 2022
This content is from: Sponsored TP aspects of Mexico’s 2022 tax reform Dan Paul Hernández de Aguirre and Oscar Antonio Salinas López of HLB MAAT Asesores discuss how changes in the 2022 tax reform will affect TP compliance. By Dan Paul Hernández de Aguirre & HLB MAAT Asesores & Oscar Antonio Salinas López March 30 2022
This content is from: Transfer Pricing TP teams rush to prepare documents under latest Mexican tax reform Transfer pricing (TP) teams of multinational enterprises (MNEs) are rushing to collect the necessary documents and data from their tax colleagues worldwide because the 2022 Mexican tax reform gives them less than thre... By Leanna Reeves March 24 2022
This content is from: Sponsored Luxembourg: Preliminary lessons learned from TP audits Balazs Majoros and Adam Wojewoda of Deloitte Luxembourg explain how taxpayers can better navigate future transfer pricing audits in Luxembourg. By Adam Wojewoda & Balazs Majoros & Deloitte Luxembourg March 21 2022
This content is from: Transfer Pricing Companies battle the TP implications of rising inflation Businesses face greater transfer pricing (TP) uncertainty due to rising inflation and the implications for cost allocation. The complications of supply chain disruption and rising prices mean datasets are less reliabl... By Leanna Reeves March 17 2022
This content is from: Transfer Pricing Businesses face greater uncertainty over benchmark data following the Russia-Ukraine war Tax directors must assess the impact of the Russia-Ukraine war on their transfer pricing (TP) policies as the fallout increases uncertainty over benchmark data and raises costs for businesses. By Leanna Reeves March 17 2022
This content is from: Global ITR Global Tax 50 2021-22 Global Tax 50 highlights the most influential individuals, organisations and geopolitical events in the tax world. Acting Managing Editor Josh White introduces the 2021-22 edition of the landmark feature. By Alice Jones & Anugraha Sundaravelu & Danish Mehboob & Josh White & Leanna Reeves March 17 2022
This content is from: Sponsored Italian Revenue Agency issues clarifications regarding TP adjustments and DAC6 Federico Vincenti and Alessandro Valente of Valente Associati GEB Partners/Crowe Valente describe how cross-border mechanisms for DAC6 purposes would arise in case of a TP adjustment. By Alessandro Valente & Crowe Valente/Valente Associati GEB Partners & Federico Vincenti March 16 2022
This content is from: Transfer Pricing MNEs adapt benchmark analysis following OECD’s updated TP guidelines Multinational enterprises (MNEs) are set to change their approach to benchmark analysis in some jurisdictions after the OECD updated its transfer pricing (TP) guidelines. By Leanna Reeves March 10 2022
This content is from: Transfer Pricing ITR Global Tax 50 2021-22: Pillar two The OECD’s digital tax agenda is set to still be the hottest topic in tax policymaking in 2022, as many countries prepare the groundwork for a 15% global minimum corporate tax rate by 2023. By Danish Mehboob March 10 2022
This content is from: Transfer Pricing ITR Global Tax 50 2021-22: Pillar one Pillar one represents the most ambitious tax reform proposal in a century. The OECD may have secured global support for the two-pillar solution, but there is still a lot of work to do. By Josh White March 10 2022
This content is from: Tax Disputes ITR Global Tax 50 2021-22: Nike state aid investigation Nike is facing an EU state aid investigation into its transfer pricing affairs in the Netherlands. The investigation could become the next big fight in state aid. By Josh White March 10 2022
This content is from: Tax Disputes ITR Global Tax 50 2021-22: The Supreme Court of India The Supreme Court of India continues to make history with its judgments on the most important tax disputes in the country. Some cases have implications for multinational companies from all over the world. By Josh White March 10 2022
This content is from: Tax Disputes ITR Global Tax 50 2021-22: Engie state aid case Engie is fighting to overturn the European General Court ruling that found Luxembourg had granted the French utility company a “selective advantage”. By Josh White March 10 2022
This content is from: Direct Tax ITR Global Tax 50 2021-22: Crypto-assets Crypto-assets from Bitcoin to non-fungible tokens (NFTs) have become the focus of a global tax crackdown over widespread concerns of tax evasion and avoidance. By Josh White March 10 2022
This content is from: Direct Tax ITR Global Tax 50 2021-22: Joe Biden US President Joe Biden came to power promising to reform the US tax code as part of an ambitious economic platform. Yet the roadmap for tax reform is still uncertain. By Josh White March 10 2022
This content is from: Tax Disputes ITR Global Tax 50 2021-22: Amazon state aid case Amazon’s opportunity to enjoy its 2021 win against the European Commission over its tax arrangements in Luxembourg was short-lived. An appeal by the European Commission means the case continues and the debate over eth... By Josh White March 10 2022
This content is from: Tax Disputes ITR Global Tax 50 2021-22: UK Supreme Court ruling on Uber The ride-hailing company Uber suffered a blow in February 2021, when the UK Supreme Court ruled that its drivers are not independent contractors. Uber was left to manage increased worker rights and VAT. By Alice Jones March 10 2022
This content is from: Direct Tax ITR Global Tax 50 2021-22: John Peterson John Peterson, head of the OECD’s aggressive tax planning unit, is responsible for pillar two’s global minimum tax framework. About 137 countries are drafting minimum taxes based on his design. By Danish Mehboob March 10 2022
This content is from: Direct Tax ITR Global Tax 50 2021-22: Will Morris Will Morris has taken on the role of vice chairperson of the BIAC tax and fiscal affairs committee. He will continue to help shape the tax agenda in 2022. By Danish Mehboob March 10 2022
This content is from: Global Market insight There have been some significant new hires across a range of tax firms around the world. By Jon Moore March 10 2022
This content is from: Transfer Pricing Tax industry sees progress in gender equality, but barriers remain Tax industry shows signs of improvement when it comes to gender equality, but female professionals still face significant barriers in their careers in comparison to their male peers, according to an ITR survey. By Leanna Reeves March 08 2022
This content is from: Europe This week in tax: Ukraine crisis could fuel crypto tax crackdown Crypto exchanges resisting calls for a trading ban on Russia amid the Ukraine war could face a wider crackdown from tax authorities around the world. By Danish Mehboob & Josh White & Leanna Reeves March 04 2022
This content is from: Transfer Pricing Transfer pricing case decisions clarify the role of the ALP Transfer pricing continues to be the most contentious area in tax. ITR reviews three crucial transfer pricing (TP) court rulings concerning such companies as Kellogg India over the application of the arm’s-length prin... By Leanna Reeves March 03 2022
This content is from: Global ITR Global Tax 50 2021-22: Beneficial ownership Beneficial ownership has been highlighted by court cases and scandals. It is a part of key provisions for multinational enterprises (MNEs) to seek treaty benefits, and some companies have even restructured because of it. By Danish Mehboob March 02 2022
