BEPS Action 5: Neutralizing IP-based harmful tax practices
The development and exploitation of IP is the key for most contemporary businesses. Throughout a company’s lifetime, IP is an asset that the entity uses for the provision of products […]
Brazil: Senate approves legislation on new Transfer Pricing framework
The Brazilian Federal Senate approved on May 10th, 2023, Bill of Law n. 8, which stems from Provisional Measure n. 1.152 (“MP 1.152/22“). The below changes were introduced following the […]
EU’s Corporate Sustainability Directive: Implications for Tax and Transfer Pricing
On 5 January 2023, the Corporate Sustainability Reporting Directive (CSRD) entered into force. The European Commission has been working towards the CSRD as part of its EU Green Deal mission. […]
Hong Kong vs Singapore: Who is going to be the Swiss Tax Planning of Asia?
Hong Kong and Singapore are two of the most dynamic and affluent cities in Asia, with both striving to become the most prosperous business hub of the region. Both cities […]
Saudi Arabia amends Transfer Pricing bylaws
On April 7, 2023, the Board of Directors of the Zakat, Tax and Customs Authority (ZATCA) approved changes to the transfer pricing bylaws, effective from 1 January 2024, for financial […]
ESG Strategies and Transfer Pricing: The importance of responsible governance for MNEs
Multinational enterprises (MNEs) are continuing to focus on responsible governance as part of their ESG policies. An important aspect of ESG strategies is tax viz. transfer pricing. It has increasingly […]
