Cambodia Offers Guidance on Financial Transactions
Since the OECD incorporated a chapter about financial transactions into the 2022 edition of the OECD’s transfer pricing guidelines, global tax authorities have taken the hint, incorporating guidance on related-party loans into legislation.
Will the EU’s Anti-Shell-Company law Pass?
If the EU wasn’t struggling enough to get unanimous vote on the global minimum tax, it looks like there is another uphill battle ahead: Turning the anti-shell-company proposal into law.
Can France Save the Global Minimum Tax for the EU?
In the EU, Pillar Two has seen its fair share of challenges (Poland, Estonia), but it has one thing going for it: France.
African Countries Clearly Benefit from Tax Transparency Efforts
“Tax transparency” may seem like just another industry buzz phrase, but here’s the thing: The premise works.
Officials Express Concerns About the EU’s Proposed Anti-Shell-Company Law
The EU makes no secret about the way it feels about shell companies. In fact, in December it proposed a law that would slap shell companies with more compliance burdens and deny them tax breaks and benefits.
Another Global Minimum Tax Hurdle for the EU
Introducing new tax laws in the EU requires the unanimous backing of all members states—and in terms of the OECD’s’ global minimum tax proposal, a few have been playing hard to get.
The EU Commission Can Mean Big Payouts for Taxpayers
If it weren’t hard enough to worry about scrutiny from tax authorities, taxpayers also have to watch out for the EU Commission.
Will Poland Finally Agree to a Global Minimum Tax?
Implementing a global minimum tax comes with its fair share of challenges, but for the EU, the biggest is undoubtedly Poland. At least for now.
Italy Clarifies the Arm’s Length Range
Dealing with the Italian tax authorities over transfer pricing is challenging, not just because they’re demanding but because they’re picky. Take the local file, for example.
More Transfer Pricing Requirements Could Be Headed for Kenya
Looks like more transfer pricing requirements could be on their way to Kenya as soon as July 1, 2022. Back in April, the country released the Finance Bill, 2022, which includes significant new transfer pricing proposals.