Tax & Accounting Blog

De-annexation Bill Has Big Implications For Tennessee Cities

De-annexation Bill Has Big Implications For Tennessee Cities

House Bill 779, which failed at the conclusion of the 2015 legislative session, made a reappearance less than a year later just as supporters promised, passing easily with a 68-to-25 vote in the House.  This bill allows a pathway for residents of certain neighborhoods to de-annex themselves through a petition referendum if the annexation occurred on or after … Read More

China-Korea FTA

China-Korea FTA

2015 marked the Harvest year for China’s Free Trade Agreement (FTA) Strategy, and in June of this year China will be initiating FTA’s with both South Korea and Australia. The FTA’s between two of the world’s leading economies is expected to boost China’s growth and provide a much needed stimulant for the Asia Pacific Region. … Read More

Turkey Issues Draft Communiqué on Transfer Pricing Documentation

Turkey Issues Draft Communiqué on Transfer Pricing Documentation

On March 16, 2016, the Turkish Revenue Administration issued draft General Communiqué No. 3 (the “Communiqué”) that, once finalized, would expand certain legal requirements and would introduce new transfer pricing documentation rules that generally follow the BEPS Action 13 recommendations, and provide for country-by-country reporting (CbCR). The Communiqué introduces additional transfer pricing … Read More