Fears and objections to the UK’s plan to implement OECD recommendations on the tax deductibility of corporate interest expenses dominated a consultation meeting with HMRC on February 1.
Legislation amending the rules governing transfer pricing documentation—to include country-by-country reporting, as well as master file and local file provisions—has been enacted in the Netherlands and has an effective date of January 1 2016.
Tax Partner, the Swiss Taxand member firm, had added a new transfer pricing department, headed by Hendrik Blankenstein and further staffed by Caterina Colling Russo and Bettina Beverungen.
In an interview with TPWeek, Andrew Hickman, head of the OECD’s transfer pricing unit, said the OECD debated whether a chapter on cost contribution arrangements was necessary in the final BEPS guidance released last month.
