Tax lawyers in Canada are pushing the government to expand the jurisdiction of the country’s Tax Court after a pair of high court rulings confirmed that tax disputes, including transfer pricing challenges, must be adjudicated in two different tribunals.
The OECD reported that countries are now nearing agreement on a multilateral treaty to implement its digital taxation plan.
IRS transfer pricing regulations are no more vulnerable to legal challenges after the US Supreme Court decision curbing the longstanding court deference to agency expertise, an agency official said Wednesday.
Global finance leaders are poised to set limits on Brazilian President
The UK’s new Labour government said Monday it will slash spending on external consultants to help plug a £22 billion ($28 billion) hole in the national budget, threatening a sizeable revenue stream for the four biggest accounting and advisory firms.
Costa Cruises has been granted an appeal in a transfer pricing dispute involving an agency contract with a Brazilian subsidiary that Italian tax authorities requalified as an intercompany loan.
Colgate-Palmolive’s affiliate in India has been ordered to pay 2.49 billion rupees (US$29.7 million), largely because of transfer pricing disallowances by India’s income tax authority, the company said.
The G20 finance ministers have called on countries to wrap up negotiations on the global tax deal and implement agreements.
This week, experts analyzed the impact of the US Supreme Court’s Loper Bright ruling on IRS efforts against partnership basis shifting, energy tax credit rules, and state tax litigation; shared estate and gift tax strategies; and more.
Tax lawyers in Canada are pushing the government to expand the jurisdiction of the country’s Tax Court after a pair of high court rulings confirmed that tax disputes, including transfer pricing challenges, must be adjudicated in two different tribunals.
The OECD reported that countries are now nearing agreement on a multilateral treaty to implement its digital taxation plan.
IRS transfer pricing regulations are no more vulnerable to legal challenges after the US Supreme Court decision curbing the longstanding court deference to agency expertise, an agency official said Wednesday.
Global finance leaders are poised to set limits on Brazilian President
The Austrian Official Gazette July 19 published Law No. 113, on the Tax Amendment Act 2024, which amends various tax laws. The law includes measures: 1) explaining that specified grants, ...
The Indian lower house of Parliament (Lok Sabha) July 23 accepted for consideration Bill No. 55/2024, the 2024 Finance (No. 2) Bill. The bill includes measures to: 1) set progressive ...
The Emirati Federal Tax Authority July 22 issued Public Clarification No. CTP002, explaining the application of the term, “related parties,” under the Corporate Tax Law, where there is a common ...
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