WCO releases 2018 edition of Customs Valuation & TP Guide, includes updates on BEPS

World Customs Organization (WCO) releases 2018 edition of the Guide to Customs Valuation and Transfer Pricing (2018 Guide) summarizing principles of customs valuation & transfer pricing and providing guidance on

Oct 01, 2018

European Commission : McDonald's Luxembourg tax rulings not illegal state aid despite double non-taxation

European Commission holds that the non-taxation of certain McDonald's profits in Luxembourg did not lead to illegal State aid, as it is in line with national tax laws and the Luxembourg-United

Sep 20, 2018

China’s 2016 APA-Report indicates that intangibles, market premiums garner SAT’s prioritized attention

Chinese State Administration of Taxation (SAT) releases 8th Advance Pricing Arrangement (APA) Annual Report (2016) covering period January 1, 2005 – December 31, 2016 to describe the latest mechanisms, procedures and

Nov 22, 2017

UK-HMRC publishes APA/MAP statistics, reveals increase in average time to resolve cases

UK HMRC publishes Transfer Pricing (TP), Advance Pricing Agreement (APA), Mutual Agreement Procedure (MAP) and Diverted Profits Tax (DPT) statistics from years 2011/12 to 2016/17; Statistics reveal that UK has secured £

Oct 03, 2017

OECD releases updated guidance on developing countries' difficulties in accessing comparables

Platform for Collaboration on Tax (a joint initiative of the IMF, OECD, UN and World Bank Group) publishes updated toolkit (following comments on a consultation draft) to help developing countries address the

Jun 23, 2017

OECD appoints Tomas Balco as Head of Transfer Pricing Unit

OECD appoints Mr. Tomas Balco as Head of the Transfer Pricing Unit in the Centre for Tax Policy and Administration

Jun 23, 2017