The EU tax blacklist now includes three more countries, while Canada’s corporate tax gap has widened and Shell’s CEO has warned of a potential tax on energy firms.
Discussions around recharacterisation are better to avoid, as tax authorities could dismiss an entire TP transaction, said panellists at ITR’s Global TP Forum.
Tricentis and Boehringer Ingelheim, along with a European Commission TP specialist, criticised the complexity of pillar one rules and their scope at an ITR event.
