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Top 5 TP News
Facebook in billion dollar dispute with the IRS related to transfers of intangibles to Ireland
In the annual report for 2018 Facebook Inc. has included the following statement on current tax disputes with the IRS. “…The tax laws applicable to our business, including the laws ...
Western Digital in $549 million transfer pricing dispute with the IRS
Western Digital has been issued a $549 million tax assessment for fiscal years 2008 – 2012 by the IRS relating to transfer pricing with the Company’s foreign subsidiaries and intercompany ...
EU report on financial crimes, tax evasion and tax avoidance
In March 2018 a special EU committee on financial crimes, tax evasion and tax avoidance (TAX3) was established. Now, one year later, The EU Parliament has approved a controversial report ...
EU list of Non-Cooperative Tax Jurisdictions – Tax Havens
12 March 2019 the EU Council added ten jurisdictions to the list of Non-Cooperative Tax Jurisdictions – Tax Havens. Non-Cooperative Tax Jurisdictions are those that refused to engage with the ...
Commission opens in-depth investigation into tax treatment of Huhtamäki in Luxembourg
The European Commission has now opened an in-depth investigation to examine whether tax rulings granted by Luxembourg to Finnish food and drink packaging company Huhtamäki may have given the company ...