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transfer pricing News

UK Lawmakers Reject Following ECJ Case Law After Brexit

by Jason Gorringe,, London

Thursday, November 16, 2017

Lawmakers in the UK have voted against a proposed amendment to Brexit legislation that would replace a clause seen as "ambiguous" for a clear message that UK courts should temporarily follow rulings from the European Court of Justice after Brexit. Read Full Story


Qatar Commits Support To All Of The OECD's Tax Work

by Lorys Charalambous,, Cyprus

Tuesday, November 14, 2017

Qatar has become the 115th jurisdiction to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Read Full Story


Bulgaria Requires CbC Reports By Year End

by Ulrika Lomas,, Brussels

Monday, November 13, 2017

Bulgaria has said that multinationals covered by the country's new transfer pricing country-by-country reporting regime should submit their first report by December 31, 2017. Read Full Story


US House Ways And Means Adopts Tax Reform Law

by Mike Godfrey,, Washington

Friday, November 10, 2017

The House Ways and Means Committee has passed the Tax Cuts and Jobs Act after a final markup, including in it a lower tax rate for pass-through income introduced as part of a second package of amendments. Read Full Story


Apple Fires Back At Tax Avoidance Accusations

by Jason Gorringe,, London

Wednesday, November 8, 2017

Apple, the world's largest taxpayer, has released a statement seeking to debunk claims in media about its tax payments around the world, following coverage in recent days about it seeking tax mitigation arrangements in Jersey due to international tax changes in Ireland affecting its existing tax arrangements. Read Full Story


Labuan Urged To Adapt To BEPS By Removing Harmful Tax Offerings

by Mary Swire,, Hong Kong

Wednesday, November 8, 2017

Muhammad bin Ibrahim, the Governor of the Central Bank of Malaysia, has stressed the need for Labuan to review its international tax framework in light of the OECD's work on Action 5 of the base erosion and profit shifting project, on harmful tax practices. Read Full Story


OECD Issues Guides On 31 Countries' Transfer Pricing Rules

by Ulrika Lomas,, Brussels

Wednesday, November 8, 2017

The OECD has published updated versions of transfer pricing country profiles, reflecting the current transfer pricing legislation and practices of 31 participating countries. Read Full Story


Morrison Tells MNEs: Pay Your Taxes

by Mary Swire,, Hong Kong

Tuesday, November 7, 2017

Australian Treasurer Scott Morrison has said that his message to multinational corporations is "pay your tax based on what you earn here in Australia." Read Full Story


Danish Fund Stresses Tax Transparency In Investment Strategy

by Ulrika Lomas,, Brussels

Tuesday, November 7, 2017

Danish pension fund Sampension has said that it intends to apply a greater focus on corporate tax transparency as part of its overall investment strategy. Read Full Story


Republicans Reveal US Tax Reform Law

by Mike Godfrey,, Washington

Friday, November 3, 2017

On November 2 the US Government released the Tax Cuts and Jobs Act, setting out in legislation its plans for comprehensive reform of the US tax code. Read Full Story



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