Newsletters

All Newsletter Articles

  • Countries endorse common VAT rules      December 11, 2015                  High-level officials representing 104 countries endorsed new OECD International VAT/GST Guidelines as the preferred, coherent global standard. According to the Organisation for Economic Co-operation ...
  • Ireland expects EU tax ruling on Apple by the end of the year December 11, 2015   Ireland expects the European Commission’s decision soon on whether favorable Irish transfer pricing rulings granted to U.S. technology giant Apple violated European Union (EU) state aid rules. “We are expecting adjudication ...
  • Irish Revenue explains role of competent authority     December 11, 2015 Irish Revenue published a document explaining the important role that its competent authority (CA) function would play in resolving international tax disputes and ensuring the correct allocation of taxable profits ...
  • Australia provides more guidance on advance pricing arrangements December 11, 2015 Australia recently published additional guidance on advance pricing arrangements (APAs). According to the Australian Tax Office (ATO), these arrangements may play an important role in providing taxpayers with the “needed assurance” ...
  • EU countries agree to swap tax-ruling data December 11, 2015 The European Union (EU) member states unanimously agreed to automatically swap information on cross-border tax rulings. Under the new rules, the countries would be required to swap the data every six ...
  • Final BEPS measures sent to G-20 heads of state December 11, 2015 G-20 finance ministers endorsed the final package of measures for a comprehensive, coherent and coordinated reform of the international tax rules. The ministers expressed strong support for the OECD/G-20 Base Erosion ...
  • Starbucks and Fiat ordered to repay millions in taxes December 11, 2015 The European Commission ordered Luxembourg and the Netherlands to recover between $22.3 million and $33.5 million in unpaid tax each from Starbucks and a Fiat Chrysler unit. The commission determined that ...
  • IRS targets income shifting through improper transfer pricing December 11, 2015   The IRS recently issued an international practice unit (IPU) showing its examiners how to search for potential income shifting when auditing outbound sales of tangible goods by U.S. units of ...
  • BEPS: G-20 finance ministers to monitor cross-border tax rulings December 11, 2015 G-20 finance ministers and central bank governors recently committed to monitoring the outcome of the base erosion and profit shifting (BEPS) project, particularly when it comes to the exchange of ...
  • Foreign tax law changes affecting investors December 11, 2015 China and India have announced tax changes that affect investors. China announced that dividend income that certain individual shareholders receive on shares of Chinese companies will be exempt from personal ...