Around the World

US IRS releases 25th APA Report; Highlights execution of 156 APAs, almost half of pending BAPAs requests involve Japan/India

Around the World

Kenya Tax Tribunal dismisses Beta Healthcare's appeal on failing to discharge burden of proof on disputed information

Around the World

Australian Federal Court dismisses SingTel’s appeal on cross-border related party financing dispute

Around the World

Holds APA not applicable to future years unless specified; Quashes review claim

Around the World

US Tax Court rules out Brazilian legal restriction in determining ALP for intangibles in Coca-Cola’s case

Around the World

OECD releases 2022 MAP Statistics, Awards and 2023 Consolidated Information on MAP

Around the World

OECD invites public comments on additional toolkit for applying TP framework by developing countries to a specific mineral - lithium

Around the World

OECD releases sixth annual peer review of BEPS Action 13 covering 136 member countries

Around the World

OECD & IGF release public comments on toolkits to address BEPS risks in pricing minerals

Around the World

Inclusive Framework records almost 50,000 information exchange upto 2021, significant progress on Action 5

Around the World

OECD recognises jurisdictions for speedy dispute resolution; India MAP stats ‘middling’

Around the World

Major jurisdictions agree to share information on digital economy, offshore financial assets

Around the World

US Tax Court issues supplemental opinion, holds CUT not best method to determine ALP in Medtronic’s case

Around the World

US Court of Appeal points out IRS’s limited discretion in cancelling APAs; Provides penalty relief to Eaton Corporation

Around the World

UK Court allows HMRC’s appeal against First-tier Tribunal on TP issue in Blackrock's case

Around the World

ATO releases Consultation paper on thin capitalisation, royalty and intangibles deduction rules; Invites comments

Around the World

Netherlands introduces new TP decree, aligns it with OECD; New section on Cash Pooling introduced

Around the World News

OECD releases fourth batch of TP country profiles for four new countries; Increases participation score to 73

Around the World

OECD invites comments on public consultation over tax certainty on 'Framework' and 'Issues Related' to Amount A

Around the World

G7 Finance Ministers commit timely, effective implementation of two-pillar solution; Welcome OECD report on Tax Co-operation for 21st century