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Tata Steel Triumphs in $12 Million Transfer Pricing Dispute Against India's Tax Authority
Tata Steel has achieved a notable triumph in a transfer pricing dispute against India's Income Tax Department, with the Mumbai branch of...
Dec 1, 20232 min read
UK Chancellor's Permanence of Major Corporate Tax Break Draws Praise from Experts and Businesses
In a pivotal move, UK Chancellor Jeremy Hunt's decision to permanently implement a significant corporate tax break, known as 'full...
Nov 24, 20232 min read
Brazil's Sports Betting Tax Breakthrough: 12% Rate Approved as Bill Heads to Crucial Senate Vote
In a significant development for the sports betting landscape in Brazil, the country's Economic Affairs Commission (CAE) has confirmed a...
Nov 24, 20232 min read
Apple's EU State Aid Challenge Faces Procedural Concerns Following Advocate General's Opinion
The opinion from the advocate general of the Court of Justice of the EU (CJEU), recommending the dismissal of Apple's €14.3 billion...
Nov 20, 20232 min read
Netherlands Honored by OECD for Efficient Resolution of Transfer Pricing Cases
In a recent accolade from the Organization for Economic Cooperation and Development (OECD), the Netherlands has been recognized for its...
Nov 17, 20232 min read
Indian Tax Tribunal Rules in Favor of BBC World (India) in Transfer Pricing Case
The Delhi bench of the Income Tax Appellate Tribunal in India has delivered a favorable ruling for BBC World (India) in a transfer...
Nov 16, 20232 min read
Former Telstra Chief John Mullen Takes Helm as Scyne Advisory Launches Amid PwC Breakaway
Scyne Advisory commenced its trading journey with the announcement of former Telstra executive John Mullen as its inaugural chairman on...
Nov 14, 20232 min read
EU Updates List of Non-Cooperative Countries for Tax Purposes: Implications for Cyprus Businesses
The European Council has recently made significant changes to the EU list of non-cooperative countries for tax purposes, impacting...
Nov 8, 20232 min read
EY UK Reports 20% Growth in Tax Revenues for 2023, Citing Increased Demand for Regulatory Advice
EY UK has reported robust growth in its tax revenues for the financial year ending June 30, 2023. The firm stated that it achieved strong...
Nov 2, 20232 min read
UN Tax Committee Initiates Discussion on Arm's-Length Principle for Two Key Industries
The United Nations Tax Committee has responded to calls from tax administrations in developing countries by introducing industry-specific...
Oct 30, 20233 min read
New Transfer Pricing Regulation in Brazil Receives Mixed Response from Tax Experts
A recent normative ruling in Brazil aimed at regulating the country's new transfer pricing (TP) system has elicited a mixed response from...
Oct 26, 20232 min read
Portugal's Ending of Tax Scheme Spurs Digital Nomad Rush
Upcoming tax law changes and the discontinuation of Portugal's Non-habitual Residence (NHR) scheme for new entrants in 2024 are expected...
Oct 20, 20232 min read
New Brazilian Transfer Pricing Rules Prompt Mixed Reactions Among Legal Experts
Brazil's new transfer pricing system has received mixed reviews from legal experts, with some welcoming its measures while others find it...
Oct 20, 20232 min read
KPMG Fined £21 Million by UK Regulator Over Serious Auditing Errors
KPMG, one of the "big four" accountancy firms, has been handed a record-breaking £21 million ($25.7 million) fine by the UK accountancy...
Oct 17, 20232 min read
Super Group Pulls Out of Indian Market Due to New Online Betting Tax
In response to a recent surge in online gambling taxes, Super Group, the operator behind Betway, has made the decision to exit the Indian...
Oct 4, 20232 min read
European Commission Proposes Transfer Pricing Directive for EU Law
The European Commission has proposed a Transfer Pricing Directive aimed at incorporating the arm's-length principle (ALP) and essential...
Sep 29, 20232 min read
German Tax Authorities' Aggressive Stance on Transfer Pricing
Lisa Barningham, European tax director at LaSalle Investment Management, has highlighted that German tax authorities are adopting a more...
Sep 27, 20232 min read
German Tax Reform: A Closer Look at Industry Feedback and Calls for Enhanced Incentives
Germany, as one of Europe's economic powerhouses, has faced its share of economic challenges in recent years. These challenges,...
Sep 19, 20235 min read
European Commission Unveils Business in Europe Taxation Framework and Transfer Pricing Reforms
The European Commission has introduced its "Business in Europe: Framework for Income Taxation" proposal, along with reforms to transfer...
Sep 13, 20232 min read
PwC to Relinquish Millions in Consulting Work for US Audit Clients to Mitigate Conflicts of Interest
Accounting giant PricewaterhouseCoopers (PwC) is set to forgo tens of millions of dollars in consulting work provided to its US audit...
Sep 12, 20232 min read
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