French oil company Total has delivered on its promise to publish a full list of its subsidiaries. The move shows Total is making significant efforts to promote transparency, but the list is just a drop in the ocean in comparison with the documentation the OECD and NGOs hope to acquire.
Taxpayers think the 2015 Indian budget, announced on Saturday, did not focus strongly enough on transfer pricing and have described it as “disappointing”.
The Canada Revenue Agency (CRA) has released transfer pricing memorandum 16 (TPM-16), which formalises guidance on multiple year data. While the guidance is far from ground-breaking, the timing of its release appears odd because the OECD’s final recommendations have yet to be published
South African finance minister, Nhlanhla Nene, has stressed the importance of regulating transfer pricing to tackle profit shifting in the country in his 2015/2016 budget speech.
