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Peru introduces new alternative methods for valuing related-party transactions under Legislative Decree 1663, providing flexibility for complex cases.
The European Commission sues Spain, Cyprus, Poland, and Portugal for missing the deadline to implement the 15% global minimum tax, reshaping the EU’s tax landscape.
Germany’s Fourth Bureaucracy Relief Law aims to simplify transfer pricing documentation, reducing the compliance burden on businesses and speeding up tax audits.
U.S. Republicans push back against the OECD's global tax deal, while the Treasury develops a workaround to protect multinational corporations.
Brazil is moving forward with significant tax reform as the Chamber of Deputies approves a dual VAT system, set to take effect in 2026. This landmark legislation aims to modernize the tax structure, affecting various
Dutch Budget Day 2024 introduces significant tax changes for 2025, including adjustments to corporate tax rules, real estate transfer taxes, and VAT rates. Explore the key proposals and their impact on businesses.
The European Court of Justice has ruled against Apple, confirming that the tech giant must repay €13 billion in taxes to Ireland. This landmark decision underscores the EU’s commitment to enforcing state aid regulations and
The US Senate Finance Committee is intensifying its probe into Pfizer’s tax practices, examining the effects of the 2017 Tax Cuts and Jobs Act. This scrutiny highlights concerns over the company's use of offshore subsidiaries
The OECD and IGF have introduced a new transfer pricing framework specifically for lithium, aiming to ensure fair taxation in developing countries while addressing the unique challenges of the rapidly growing lithium market.
The OECD has introduced a new Selection Documentation Package for the International Compliance Assurance Program (ICAP), providing multinational enterprises with clear guidelines to enhance tax compliance and manage risks more effectively. This update marks a
In 2024, currency volatility presents significant challenges for businesses operating in global markets. This article explores the underlying factors driving these fluctuations and offers strategic insights to help companies mitigate risks and maintain financial stability.
Australia's new Public Country-by-Country Reporting (PCbCR) bill introduces rigorous reporting standards for large multinational and domestic groups. Learn about the key compliance requirements and potential penalties as the bill moves closer to becoming law.

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