Tax & Accounting Blog

The UK Bareboat Charter Measure and the Arm’s Length Standard

The UK Bareboat Charter Measure and the Arm’s Length Standard

Drilling rig multinationals often place ownership of their key assets – drilling rigs – in tax haven affiliates, which often lease this property to operating affiliates at lease rate around 14 percent of the value of the rigs.  The UK government argues that these intercompany lease rates are generous and result in … Read More

IRS, United Nations Comment on the Latest Developments in Transfer Pricing for Developing Nations

IRS, United Nations Comment on the Latest Developments in Transfer Pricing for Developing Nations

Practitioners from the IRS, U.N., and Mexican Tax Administrative Services shared insights on the latest transfer pricing trends, in particular for developing nations, at the first Transfer Pricing Innovation Forum on June 10 in New York City. Transfer Pricing Updates at the United Nations. Ilka Ritter, Associate Expert in the International … Read More