KPMG in Manchester has promoted Daniel Head to partner in the transfer pricing team. Head has worked for KPMG for 16 years and specialises in thin capitalisation issues for UK companies.
The Spanish High Court (AN – Audiencia Nacional) has ruled the Spanish authorities’ adjustment of Dutch Bank’s transfer pricing methods was wrong, stating that the OECD 2008 Model Tax Convention could not apply to documentation filed before 2008.
The General Department of Taxation (GDT) in Vietnam has established a Transfer Price Inspection Department, a step that continues the authorities’ recent focus on transfer pricing activity.
