Pakistan will sign a tax Convention on September 14 allowing it to access country-by-country reports from more than 100 jurisdictions, leading to questions about confidentiality and data control in developing countries.
There are several blockbuster transfer pricing disputes underway in the US. As Apple fights an eye-watering $14.5 billion tax penalty in Europe, TP Week examined five of the largest US TP feuds with billions at stake.
Zara Ritchie has been appointed BDO’s head of global transfer pricing as Australia anticipates a year of cross-border mergers and BEPS-related complications.
While Apple was unveiling the iPhone 7 in California, thousands of miles away Ireland’s parliament was locked in a bitter debate over a European Commission order to collect $14.5 billion in back taxes from the tech giant. The debate was fiery but the vote results were decisive.
In a surprising volte face, Britain is considering becoming the first country in the world to force companies to publicly reveal how much tax they pay and where they earn the money. The about-face comes after the UK defeated a similar amendment amidst Brexit fears.
Ireland’s government has a dilemma: should it collect €13 billion ($14.5 billion) in back taxes from Apple or spend years fighting to return the money and trying to prove Dublin's tax dealings were legal?