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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...
Flexi Group
Sep 29, 20232 min read
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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...
Flexi Group
Sep 27, 20232 min read
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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,...
Flexi Group
Sep 19, 20235 min read
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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...
Flexi Group
Sep 13, 20232 min read
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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...
Flexi Group
Sep 12, 20232 min read
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Navigating Transfer Pricing Rules in the US and the UK
Transfer pricing has emerged as a pivotal concern for multinational enterprises (MNEs) engaging in significant related-party...
Flexi Group
Sep 11, 20237 min read
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EU's FASTER Proposal: Streamlining Withholding Tax Reclaims and Stakeholder Insights
The European Commission's proposal for a new EU system for the avoidance of double taxation and prevention of tax abuse, called Faster...
Flexi Group
Sep 8, 20234 min read
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US Supreme Court to Hear Moore v. United States: Implications for Repatriation Tax and Beyond
The US Supreme Court is poised to hear the appeal of Moore v. the United States, a case that could potentially upend US tax policy,...
Flexi Group
Sep 7, 20232 min read
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Harbour Energy Increases North Sea Spending Amid Fears of UK Energy Profits Levy Changes
Oil producer Harbour Energy, the largest in the UK, is poised to elevate its investments in the North Sea both this year and potentially...
Flexi Group
Aug 30, 20232 min read
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China Reduces Stamp Duty to Boost Investor Confidence Amid Real Estate Crisis and Economic Slowdown
The Chinese government has taken steps to enhance investor confidence in the midst of a real estate crisis and economic deceleration by...
Flexi Group
Aug 30, 20232 min read
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Russia Suspends Tax Treaties Amid Diplomatic Tensions, UK Contemplates Response
In a response to the European Union's blacklisting of Russia following the 2022 invasion of Ukraine, Russia has undertaken the...
Flexi Group
Aug 25, 20233 min read
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Mærsk Oil and Gas Faces Danish Tax Agency in Transfer Pricing Dispute
In a continued legal saga, Mærsk Oil and Gas, now a subsidiary of French company TotalEnergies, is set to lock horns with the Danish Tax...
Flexi Group
Aug 23, 20232 min read
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Government Weighs Windfall Gains Tax on Banks Amid Rising Interest Rates
The government is reportedly giving serious consideration to the implementation of a windfall gains tax on banks as a countermeasure...
Flexi Group
Aug 23, 20232 min read
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Russia's Suspension of Tax Treaties: A Move Towards Deeper Economic Isolation
In a strategic move that appears to align with President Vladimir Putin's long-term goals, the Russian government is taking the...
Flexi Group
Aug 17, 20233 min read
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Restrictions and Pay Withholding Faced by Departing PwC Australia Partners Spark Controversy
Allegations have surfaced that departing partners from PwC Australia who are moving to rival consultancies are encountering stringent...
Flexi Group
Aug 16, 20232 min read
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UN's Push for Greater Role in Global Tax Policy Sparks Divisions Amid OECD's Dominance
The recent call by UN Secretary-General António Guterres for an amplified involvement of the United Nations in shaping global tax policy...
Flexi Group
Aug 16, 20233 min read
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Australian Senator Holds Transfer Pricing Practitioners Accountable Amid PwC Scandal
An Australian senator has issued a stern warning to transfer pricing practitioners, asserting that they cannot claim ignorance in light...
Flexi Group
Aug 4, 20232 min read
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PwC-ATO Settlement Sparks Inquiries About Tax Scandal Connections
The recent settlement between PwC and the Australian Taxation Office (ATO) has raised eyebrows and triggered questions about potential...
Flexi Group
Aug 3, 20232 min read
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Central Procurement and EU VAT: Navigating Tax-Neutral Invoicing
The use of central procurement functions by multinational enterprises (MNEs) is common practice, offering advantages such as stronger...
Flexi Group
Jul 12, 20233 min read
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IMF Warns Global Tax Systems Struggling to Tax Crypto-Assets as Rapid Expansion Outpaces Regulation
The International Monetary Fund (IMF) has warned that global tax systems are struggling to properly tax crypto-assets due to their rapid...
Flexi Group
Jul 12, 20232 min read
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