Russia
Authorities must ensure that Russian firms do not use transfer pricing schemes to increase profits made from oil sold in different markets, advocacy organisations have argued
Russia suspended 38 tax treaties in response to the EU blacklisting the country after the 2022 invasion of Ukraine.
Russia will further its own economic isolation by suspending tax treaties with former allies, but this is part of Putin’s long-term mission.
Impacted countries include many EU member states, as well as Australia, Japan, South Korea, the US and some low-tax jurisdictions.
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Sponsored by Baker McKenzie LuxembourgThe technological revolution has led the OECD to attempt to redefine the concept of permanent establishments. Antonio A Weffer of Baker & McKenzie Luxembourg discusses how the related notion of the finance function is evolving in a digital cross-border setting.
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Sponsored by SF Consulting/Crowe IndonesiaSri Wahyuni Sujono and Gandi Siregar of SF Consulting/Crowe Indonesia summarise the tax audit procedure in Indonesia, while explaining why pressure to achieve tax revenue targets in 2020 may stimulate an aggressive approach.
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Sponsored by Deloitte LuxembourgRalf Heussner and Iva Gyurova of Deloitte Luxembourg explore the key global transfer pricing trends of the coming years, which will influence businesses and taxpayers in the financial services sector.