Will Morris, chairman of BIAC's tax and fiscal policy committee discusses Tuesday's meeting between the OECD and business about industry’s concerns over the base erosion and profit shifting (BEPS) project.
The OECD met with BIAC (Business and Industry Advisory Committee) on Tuesday in Paris to discuss industry’s concerns over the base erosion and profit shifting (BEPS) project. Will Morris, chairman of BIAC’s tax and fiscal policy committee, tells TPWeek how the meeting went and what can be expected to happen next from an industry perspective.
Germany's Federal Ministry of Finance has published draft legislative regulations for determining profits of permanent establishments (PE) using the arm's-length standard. But advisers are concerned the legislation will increase transfer pricing risks.
Companies often second their employees to other firms in their group abroad but this can create a permanent establishment (PE) risk; something that can take up an unreasonable amount of time for a tax director if not handled properly. Sophie Ashley speaks to taxpayers and their advisers about how best to manage the situation to avoid creating a PE.
The UK government is changing the compensating adjustment mechanism in its transfer pricing legislation, which will affect services companies and loans from individuals or partnerships to companies that are more than the arm’s-length amount of debt.
Panellists on the controversy panel at International Tax Review’s 13th Global Transfer Pricing Forum in New York this week said it is crucial to find out which IRS tax officials will be involved in your transfer pricing audit process.
