Transfer Pricing

By Natalie Olivo

The Organization for Economic Cooperation and Development released updated transfer pricing guidelines Thursday that consolidate earlier revisions to separate pieces of guidance, including how to use a method for splitting profits and how to handle hard-to-value intangible assets.

By Kevin Pinner

Australia on Wednesday said the nation's program for negotiating advance pricing agreements is undergoing a review this year to assess whether it's providing the right service for all taxpayers and preventing transfer pricing risk as efficiently as possible.

By Natalie Olivo

Courts will continue grappling this year with high-stakes cases brought by major U.S. multinationals that have accused federal tax authorities of overstepping, with disputes including FedEx's challenge to repatriation regulations and Facebook's fight against multibillion-dollar adjustments to its tax bill. Here, Law360 looks at eight key international tax cases to follow in 2022.

By Dylan Moroses

Two major shareholders of Amazon have asked the e-commerce giant to begin reporting tax information country by country in light of a historic global tax deal reached in October, according to a statement from the shareholders' advisory firm.

By Molly Moses

An Australian subsidiary of a Singapore telecom can't claim tax deductions for interest payments made to another subsidiary because independent parties wouldn't have agreed to the arrangement, the Federal Court of Australia held Friday.

By Matt Thompson

A proposed digital levy that was intended to contribute to the European Union's budget and was recently suspended is now due to be removed permanently from the EU's legislative agenda, a senior European Commission official confirmed to Law360.