Kuwait signed its first tax treaty with a Gulf Cooperation Council country, while the IRS and Western Digital have settled a $1.6 billion transfer pricing dispute.
Microsoft and Unilever raise concerns in the OECD consultation on pillar one, while the Brazilian government is set to table a bill on transfer pricing reform.
Tax directors say India has encountered a rise in TP audits, while more alternative dispute resolution methods are being used to avoid long-drawn-out litigation.
This week Switzerland opens consultation on draft legislation to implement the OECD’s global minimum tax rate, while Germany cuts VAT amid the highest inflation rate in decades.
