Paul Morton, head of group tax at Reed Elsevier, addresses the transfer pricing topics hitting the headlines in an exclusive interview with TPWeek and provides an insight into Reed Elsevier’s tax matters.
The Finnish Supreme Administrative Court has ruled against the Finnish Tax Administration on the grounds that tax law reclassification can only be made under general anti-avoidance provisions and not transfer pricing adjustment provisions.
Arun Jaitley, India’s Finance Minister, will announce India’s annual budget on July 10. With so many recent developments in transfer pricing, the budget is expected to bring more change for taxpayers.
Andrea Bonzano, head of tax at Fiat, discusses the pros and cons of different transfer pricing methods in an interview with TPWeek, and provides his views on BEPS and US inversions.
The Tax Court of Canada has ruled that, while Marzen Artistic Aluminum provided sales and marketing staff to Starline International (SII) at an arm’s-length price, the documentation presented was insufficient. The ruling is significant because it is the first Canadian decision focusing on the structuring of transactions rather than the pricing.
The Income-Tax Appellate Tribunal (ITAT) in Delhi has overruled a transfer pricing adjustment, finding the taxpayer’s activity was low risk and consisted primarily of agency services.
The ITAT ruled against the transfer pricing officer’s (TPO) original ruling, claiming the TPO’s conclusions lacked material evidence.
