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New US trade and tax policies risk placing European businesses at a significant structural disadvantage, the group said
While nearly all large firms said they were already using GenAI, only 63% of small firms reported the same
The ruling is ‘well-structured’ in its references to the OECD TP guidelines, one expert says, while another argues it overlooks key technical issues
India also brokered its first-ever multilateral APA last year, the Central Board of Taxes announced
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Sponsored by KPMG Asia-PacificInnovative compliance tools. New approach to reporting. Smart tech. ITR Asia-Pacific Tax Awards winners Jenny Clarke and Cristina Alvarez discuss how the team at KPMG is ‘re-imagining’ tax in the region.
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Sponsored by BaseFirmaITR and BaseFirma hosted a live webinar on Wednesday, September 15 at 2pm London time (9am Miami time / 9pm Singapore time) to discuss the latest transfer pricing trends and developments in Asia and the US.
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Sponsored by DLA PiperRandall Fox of DLA Piper discusses the trends defining the TP function, and explains how the law firm has emerged as a strong alternative to accountancy firms in Europe.
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The ruling underscores that tax authorities must provide ‘detailed, well-supported, and logically sound justifications’ when determining reference prices in tax assessments, one expert told ITR
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The law firm was representing a businessman in the commodities sector who had previously been convicted of tax fraud
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One expert last month predicted the short-term impact of tariffs would be “devastating” for both Canada and the US, particularly if the former instituted retaliatory measures
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The court emphasised that TP analysis must adhere to the arm's-length principle, be based on the specific facts of each transaction and comply with domestic regulations, one expert says
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The law firm, which will operate as an independently managed subsidiary of KPMG, has received court approval with conditions
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The ruling in January was the first time the court had unanimously upheld a taxpayer's position in a case concerning TP, according to a lawyer who worked on the case
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An important tax policy point in upcoming coalition negotiations will be around which party secures itself the finance ministry, one expert suggested
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The senior hire builds on the firm’s status as the joint most prolific US hirer in 2024; in other news, an ex-IRS chief counsel has joined Miller & Chevalier