sa国际传媒

By Natalie Olivo

The United Arab Emirates published guidance that clarifies timelines and other procedural matters regarding the mutual agreement procedure process designed to help resolve cross-border tax disputes involving multinational corporations.

By Anna Scott Farrell

An Ohio federal judge should have shielded Eaton Corp.'s evaluations of more than a dozen overseas workers from an IRS investigation of the company's sale of intellectual property, not just the records for workers whose jobs were unrelated to the tax issue, the company told the Sixth Circuit.

By Kevin Pinner

The U.S. government wants to preserve other nations' ability to levy domestic minimum taxes on American multinational corporations' local income while ensuring countries can't apply international rules to make those companies pay a minimum rate everywhere they operate, a U.S. Treasury Department official said Tuesday.

By Molly Moses

A team is working on draft Internal Revenue Service regulations implementing the simplified transfer pricing approach for baseline marketing and distribution activities known as Amount B, a U.S. Treasury official said Monday, adding that the guidance "may take some time" given the project's unusual origins.

By Kevin Pinner

The European Union is continuing to discuss the possibility of adopting a blocwide digital services tax, Italy's top international tax official said Monday.

By Kevin Pinner

Companies report about three to four times higher profits on financial statements for investors compared with the taxable income they report to authorities, a phenomenon most prevalent among multinational corporations, which suggests book profits underestimate profit shifting, the EU Tax Observatory said Monday.