Switzerland Recently Released Position Statement on CbC Reporting
The latest State Secretariat for International Financial Matters (SIF) position statement on the OECD on the Base Erosion and Profit Shifting Project (BEPS Project) was released on 6 February 2015. With respect to the Guidance...
Posted by DRTP
On 16 March 2015
Multistate Tax Commission Getting into Transfer Pricing Audit
The updated report on the Preliminary Design for an MTC Arm’s-Length Adjustment Service was released on February 6, 2015 by the Multistate Tax Commission in the USA. The complete report is available here. The executive...
Posted by DRTP
On 16 March 2015
UK Finance Bill 2015: BEPS CbC Reporting is Confirmed
See page 24 of Overview of Legislation in Draft available here: "5.5. Country–by-country reporting. Following the publication of the OECD (2014) Guidance on Transfer Pricing Documentation and country-by-country Reporting on 16 September 2014, legislation will...
Posted by DRTP
On 13 March 2015
WTO to Examine Anti-Dumping Measures of Chinese Taipei and Canada
From the World Trade Organization website: "At its special meeting on 10 March, the Dispute Settlement Body established two panels to study, respectively, complaints by Chinese Taipei against Canada over anti-dumping measures on carbon steel...
Posted by DRTP
On 13 March 2015
The ATO Has Released PS LA 2015/3 on Recharacterization
The Australian Taxation Office has recently released PS LA 2015/3 on recharacterization matters for transfer pricing purposes. Paragraphs 9-12 explain: "9. In considering whether any of the exceptions to the basic rule in section 815-130 may...
Posted by DRTP
On 12 March 2015