Transfer Pricing

By Natalie Olivo

The U.K. brought in £3.4 billion ($4.6 billion) in additional revenue from transfer pricing cases from 2024-2025, nearly double the amount from the previous year, according to HM Revenue & Customs data released Wednesday.

By Molly Moses

Medtronic and the Internal Revenue Service are exploring the possibility of settling their U.S. Tax Court case, the parties said, which would avoid the need for a third trial on the pricing intangibles that the Minnesota-based company licensed to its Puerto Rican affiliate in 2005 and 2006.

By Anna Scott Farrell

Hewlett Packard Enterprise Co. disagrees with transfer pricing adjustments by the IRS and will challenge the agency's efforts to increase its taxable income, the company said in a quarterly report released Tuesday.

By Molly Moses

The Eleventh Circuit should not apply the reasoning used by the Eighth Circuit in its October ruling for 3M Co. to allow Coca-Cola to indefinitely defer taxes it owes under IRS transfer pricing regulations, the U.S. government said Wednesday.

By Kevin Pinner

Belgium didn't correctly transpose a European Union law requiring states to allow taxpayers a deduction for taxes paid by controlled foreign corporations in their residence jurisdiction, the European Court of Justice said Thursday, disagreeing with a court adviser's views.

By Kevin Pinner

The European Union's trade commissioner pleaded Tuesday with the bloc's lawmakers to ratify a trade deal with the U.S. next month, attempting to reassure skeptical lawmakers that President Donald Trump's administration has promised to respect its terms.