HMRC’s New Operational Guidance on Transfer Pricing and Risk Delineation in the UK
In the dynamic realm of international taxation, the release of Her Majesty’s Revenue & Customs (HMRC) operational guidance concerning transfer pricing and risk delineation holds profound implications for businesses operating […]
Proposed Retroactive Adoption of Updated OECD Transfer Pricing Guidance in Australia
The Australian government issued exposure draft legislation on 31 January 2024, proposing retroactive updates to the nation’s transfer pricing laws. These revisions align with the latest version of the Organization […]
Dutch Court Imposes €107 Million Fine and Back Taxes on British American Tobacco
In a recent legal development, a Dutch court has ordered British American Tobacco (BAT) to pay a fine of 107 million euros ($117 million). The court ruling, delivered by the […]
Luxembourg Implements Pillar Two Directive
On the 20th of December, Luxembourg solidified its adoption of the bill of law, ushering in the European Union’s directive on global minimum taxation rules, also known as “Pillar Two” […]
CJEU Judgment: Luxembourg State Aid Case
The Court of Justice of the European Union (CJEU) made a ruling, asserting that the European Commission (EC) committed an error in its determination of unlawful State aid granted by […]
Greek Tax Legislation: Updates on CbCR Legislation and Non-Cooperative Jurisdictions
In a move towards reinforcing its commitment to international tax transparency, the Greek Ministry of Development and Investments has embarked on a public consultation for a draft bill implementing the […]
