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BEFIT raises TP concerns among business groups
Industry organisations are concerned about the move away from the ALP and toward formulaic apportionment as part of an EU-wide shared...
Jan 27, 20233 min read


Due to information leaks, a former PwC partner was given a 2-year ban in Australia.
In connection with a scandal involving the disclosure of secret information about the government's plans to target multinational tax...
Jan 24, 20233 min read


FQM is embroiled in a tax dispute in Panama
This week, First Quantum Minerals is in a dispute with the Panamanian government over royalties and corporate tax, while Samsung India is...
Jan 16, 20233 min read


Tax controversies to watch in 2023
Multinational corporations such as Amazon and Medtronic are embroiled in legal fights over their tax and transfer pricing (TP)...
Jan 13, 20231 min read


South Korea intends to implement semiconductor tax breaks
South Korea announced hefty tax reductions for semiconductor manufacture this week, while Dubai lifted its alcohol sales tax in advance...
Jan 9, 20232 min read


Stelios Violaris: Cyprus' new minimum tax rate must reach the "golden ratio"
Stelios Violaris, partner and head of international tax services at PwC Cyprus, has looked at the adoption of the minimum tax rate of...
Jan 9, 20233 min read


EU agrees on global minimum tax rate for pillar two
Hungary withdraws its veto as the EU takes the initiative in implementing the OECD's pillar two agreement. Yesterday, December 12, EU...
Dec 14, 20222 min read


2023 UAE corporation tax plan
Companies in the UAE can plan for a corporate tax regime to be implemented in 2023, while the Trump Organization was found guilty of 17...
Dec 12, 20224 min read


Last month, in indirect tax, Airbnb and Uber criticised the New Zealand GST plan
Companies have criticised suggestions for the gig economy, but the VAT discrepancies between the UK and the EU have narrowed in...
Dec 8, 20228 min read


According to tax directors, pillar two needs additional time
Businesses also require more time to execute the OECD's pillar two, according to tax directors, and jurisdictions should seek further...
Dec 6, 20224 min read


Italy intends to tax cryptocurrency in 2023.
Documents published on December 1 indicate that the Italian government will charge a 26% capital gains tax on cryptocurrency income more...
Dec 5, 20221 min read


TP tampering by the tax authority raises the threat of flight or fight.
International businesses worry that intensive tax audits may be scrutinizing transfer pricing methods too closely. Multinational...
Dec 2, 20224 min read


African nations have won a battle to pave the path for global tax reforms
Tax fairness proponents hailed the resolution as a "historic victory" in the effort to wrest control of global tax policymaking from the...
Nov 28, 20223 min read


Public CbCR law in Romania provides limited lead time for planning
Despite the short notice, businesses like Valentino and EveryMatrix claim that early adoption of EU public CbCR rules could increase...
Nov 24, 20224 min read


Amid disruptions to the global supply system, TP policies take center stage.
According to TP experts, COVID and war have brought to light how unprepared businesses are to handle unforeseen geopolitical shocks....
Nov 18, 20225 min read


The proposed TP legislation in Brazil clarifies intangibles
According to a source familiar with the situation, Brazil's draft transfer pricing legislation will place a significant focus on...
Nov 17, 20222 min read


The CJEU Fiat ruling paves the way for state assistance conflicts with Apple and Amazon
According to tax experts, the decision should reassure multinational corporations, but it is not the final word on state aid. According...
Nov 15, 20226 min read


The Bank of England's interest rate hike necessitates an intra-group review
The greatest increase in 33 years has prompted multinational corporations to assess the TP risks associated with financial market...
Nov 11, 20224 min read


Finland's TRACE system establishes standard for EU WHT
The OECD's treaty relief and compliance enhancement package is being developed and tested for the first time by the Finnish tax...
Nov 8, 20225 min read


Tax in India puts crypto industry at risk
New criticism of the Indian government's tax policy targeting the cryptocurrency market, particularly its capital gains tax and tax...
Nov 7, 20221 min read
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