Tax & Accounting Blog

Meet the Taxologist  – Tom Weippert, Tax Technology Manager at Ingersoll Rand

Meet the Taxologist – Tom Weippert, Tax Technology Manager at Ingersoll Rand

“I speak three languages: Tax, IT, and Finance. I march into uncharted territories. I am a Taxologist,” says Tom Weippert, tax technology manager at Ingersoll Rand. Tom is a holistic, logical thinker and views his organization like a puzzle. He leverages his skill set to join different pieces together and better understand how each role impacts … Read More

Meet the Taxologist

Meet the Taxologist

In today’s fast-paced and complex tax landscape, the status quo is not enough. Tax professionals must rise to the challenge and leverage the power of tax technology for total process efficiency. In short, today’s tax world needs Taxologists. But what is a Taxologist? Why are they important? What are their characteristics? How are IT and … Read More

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

Minimizing Transfer Pricing Risks with technology as APAC TP scrutiny increases

Minimizing Transfer Pricing Risks with technology as APAC TP scrutiny increases

The 2014 Golden Tax Summit Transfer Pricing Conference, held in Hong Kong, had a large presence of multinational corporations across the Taiwan, Hong Kong, and the Greater China areas.  During the conference, Thomson Reuters ONESOURCE held a workshop on how these organizations can improve their financial performance and optimize their transfer pricing compliance with local … Read More