India Budget Delivers on Tax Measures to Boost IT Sector

India’s proposals to ease tax rules for multinationals in its 2026 budget unveiled Sunday will provide them the certainty they need in cross-border transactions, according to practitioners.

Swedish Court Overturns VAT Adjustment on Intra-Group Services

The Swedish Tax Agency must demonstrate the absence of open-market comparables before making a value-added tax adjustment to intra-group services based on a parent company’s costs, a top court ruled.

Perrigo to Recoup $89.2 Million Following Transfer Pricing Win

Perrigo Co. is entitled to $89.2 million for overpaid taxes, interest, and penalties the IRS wrongly assessed from 2009 to 2012, a federal judge said in issuing a final judgment in a long-running transfer pricing dispute.

EU Court Builds Body of Law on Transfer Pricing Adjustments, VAT

A European Court of Justice adviser’s opinion involving the automaker Stellantis adds to a growing body of legal guidance on how value-added tax applies to pricing adjustments between related companies.

UN Panel Plans Task Force on Access to Transfer Pricing Info

United Nations negotiators working on a new global tax treaty plan to establish a task force to explore and identify practical options for improving countries’ access to transfer pricing information.

Latest Stories

Goldman Defense of Lawyer’s Epstein Ties Provokes Unease at Bank

The top partners at Goldman Sachs Group Inc. were expecting to celebrate its soaring stock price and trading bonanza at their annual gathering in Miami this week. Instead, many are girding for a different topic: Kathy Ruemmler’s association with Jeffrey Epstein.

DOJ Urges Appellate Court to Reevaluate 3M Transfer Pricing Win

The US Department of Justice asked the Eighth Circuit to reconsider its transfer pricing decision rejecting an IRS’s “arm’s length” adjustment to 3M Co.‘s taxes because the decision misinterpreted Section 482 of the tax code and could significantly erode the US tax base.

India Budget Wish Lists, H-1B Delays: Transfer Pricing Report

Hello and welcome to the Transfer Pricing Report. I’m Caleb Harshberger, and this week business groups and tax pros in India are sounding off about the TP rule changes they hope to see in the country’s new budget, slated to drop Sunday. Also! Companies with H-1B workers stranded in India reckon with permanent establishment risks. And in the US, Perrigo gets its refund.

Tax Developments

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Armenia MOF Posts Synthesized Text of DTA, Protocol With Indonesia in English

The Armenian Ministry of Finance Jan. 30 posted a synthesized text, in English, of the 2005 DTA and protocol with Indonesia, and the Multilateral Convention to Implement Tax Treaty Related ...

Armenia MOF Posts Synthesized Text of DTA, Protocol With Ireland in English

The Armenian Ministry of Finance Jan. 30 posted a synthesized text, in English, of the 2011 DTA and protocol with Ireland, and the Multilateral Convention to Implement Tax Treaty Related ...

Armenia MOF Posts Synthesized Text of DTA, Protocol With Netherlands in English

The Armenian Ministry of Finance Jan. 30 posted online a synthesized text, in English, of the 2001 DTA and protocol with Netherlands, and the Multilateral Convention to Implement Tax Treaty ...

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