VAT Obligations and Documentation Requirements for MNCs in the EU: Insights from CJEU Referral
In November 2023, the Bucharest Court of Appeals sought clarity from the Court of Justice of the European Union (CJEU) on the VAT implications of transfer pricing adjustments as per […]
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 […]
Enhancing Transfer Pricing Compliance: A Look at Indonesia’s New Guidelines
The Indonesian Ministry of Finance has introduced an update in transfer pricing regulations with the Minister of Finance Regulation number 172 of 2023, focusing on the Implementation of the Arm’s […]
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 […]
Navigating Anticipated Enhanced Transfer Pricing Documentation Requirements for Banking Entities in Luxembourg
Luxembourg is set to introduce amendments to Transfer Pricing (TP) documentation requirements through the draft Bill of Law 8186. The proposed alterations, stand ready to bring forth an array of […]
