Exclusive: Italian tax police have launched a dramatic raid on Amazon’s offices as part of a new tax evasion investigation, sources tell Reuters. The inquiry focuses on allegations that revenues in Italy were significantly underreported
Browsing: corporate tax
Brazil’s updated transfer pricing (TP) profile now fully embraces the arm’s-length principle, experts reveal. This groundbreaking revision marks a bold leap forward, dramatically enhancing alignment with global tax standards like never before
KPMG warns that allowing stranded H-1B workers to continue their jobs from India might trigger a “permanent establishment,” putting U.S. companies at risk of significant tax liabilities, VisaHQ reports
Canada has stood resolutely behind the US exemption from the global minimum corporate tax deal, emphasizing the power of strong economic partnerships and advocating for fair and effective tax enforcement, Financial Times reports
The UK Budget 2025 reveals bold new tax measures aimed at sparking economic growth, with key updates to corporation tax, personal allowances, and digital services taxation-all thoughtfully designed to boost investment while ensuring fiscal responsibility
Canada’s proposed transfer pricing reforms are poised to transform the landscape by tightening regulations and enhancing transparency. Multinational companies may face higher compliance costs, greater administrative hurdles, and more stringent documentation requirements
Dentons shines a spotlight on the fast-evolving world of transfer pricing in the USA, exploring key compliance essentials, comprehensive documentation, and savvy pricing strategies crafted to meet IRS regulations while avoiding costly audits and penalties
Adani pledged billions in economic benefits from its Carmichael mine, but to date, it hasn’t paid a single cent in Australian taxes. This raises urgent questions about tax exemptions, corporate structures, and the effectiveness of government oversight
The G7 has introduced a groundbreaking side-by-side tax proposal that liberates American and UK companies from global tax rules, poised to revolutionize international taxation and spark dynamic debates on fairness and economic impact
Germany is reportedly gearing up to introduce a 10% digital tax aimed at tech giants like Alphabet and Meta, seeking to boost revenue from their massive online activities within the country, sources reveal
Samsung is challenging a hefty $520 million tax demand from Indian authorities, asserting that its business practices are in line with those of its competitor, Reliance Industries. This case underscores the escalating tensions between multinational corporations and India’s tax regulations.