Businesses may have to overhaul their transfer pricing (TP) policies to factor in carbon tax. This could be crucial for governments looking to reduce carbon emissions following COP26.
The Irish government has seen corporate tax revenue rise after it signed up to the OECD’s two-pillar framework, including the plan for a global minimum corporate tax rate.
Transfer pricing (TP) directors must ensure internal contracts reflect external ones and amend any file used to justify the firm’s application of arm’s length pricing when moving away from the London interbank offered rate (LIBOR).
World leaders are gathering this weekend for COP26 and the G20 Summit. Both summits will likely have far-reaching implications for the future of international tax policy.
The UK budget looks set to spell 'fiscal discipline' for taxpayers, but it could also define the British role in making the OECD’s digital tax reforms a reality.
Tax directors at ITR’s Global TP Forum say relocation of IP has driven transfer pricing (TP) challenges that must be addressed depending on the business and its end-to-end value chain.
