Tax & Accounting Blog

Global Trade Trends: Aligning Customs with Transfer Pricing Operations

Global Trade Trends: Aligning Customs with Transfer Pricing Operations

By Taneli Ruda and Sam Cicogna As the pace and scope of global regulation around tax avoidance strategies continues to increase, transfer pricing policy is becoming top-of-mind for multinational companies. Of particular interest is how intra-company transfer pricing and customs work together—or sometimes don’t—so I asked Sam Cicogna, my colleague and a transfer pricing expert, … Read More

U.S.  Executive Branch Reviewing Proposed Debt-Equity Regulations

U.S. Executive Branch Reviewing Proposed Debt-Equity Regulations

On September 30, 2016, the White House Office of Information and Regulatory Affairs (OIRA) updated its description of the Proposed Section 385 Regulations, which are now classified as "economically significant" and having "international impacts.” A regulatory action is determined to be "economically significant" if OIRA determines that it is likely to … Read More

Apple-Ireland EC Tax Ruling Could Shape Corporate Tax Policies

Apple-Ireland EC Tax Ruling Could Shape Corporate Tax Policies

The European Commission (EC) ruling that Ireland provided illegal tax benefits to Apple could cost Apple €13 billion ($14.5 billion) and significantly impact how companies do business in Europe. The ruling also underscores the challenges the EC increasingly faces and predicts how decisions made in Brussels could impact US tax revenues. The EC takes a … Read More