Transfer Pricing

By Jack McLoone

The Danish Ministry of Taxation is seeking feedback on proposed edits to measures tied to its implementation of the OECD's standards, such as the adoption of new administrative guidance for the global minimum tax and tweaks to its transfer pricing procedures.

By Kevin Pinner

The U.S. government will no longer participate in United Nations negotiations aimed at drafting a framework convention on international tax cooperation, intends to reject the outcome and welcomes other countries to join in its opposition, a U.S. diplomat said.

By Natalie Olivo

The Indian government floated a process to streamline the pricing of intercompany cross-border transactions as part of a wide-ranging budget proposal that includes one trillion rupees ($11.5 billion) in tax cuts.

By Kevin Pinner

The United Nations' global tax convention should strengthen the ability of countries to tax nonresident multinational corporate service providers as unitary global entities, standardize withholding taxes on deemed profits and adapt existing model rules for digital services, a group of economists said Monday.

By David Hansen

The Organization for Economic Cooperation and Development released more details Tuesday on the information that multinational entities must disclose when applying for the group's International Compliance Assurance Program, a multilateral effort to resolve transfer pricing issues.

By Jack McLoone

U.K. transfer pricing activities brought in nearly £1.8 billion ($2.2 billion) in additional tax revenue in the 2023-24 tax year, HM Revenue & Customs said Monday, an over £150 million increase from the year prior despite a decrease in overall inquiries.