Errors in transfer pricing policies can lead to criminal penalties for statutory representatives of companies. But they are often blind to this risk.
Category: News
Anti-VAT fraud measures postponed (again)
At its meeting on 16 June, the Economic and Financial Affairs Council (ECOFIN) discussed the compromise proposal prepared by the Maltese Council Presidency on anti-VAT fraud measures, with the aim of reaching an agreement on this proposal in respect of the directive on a generalised…
New Transfer Pricing Guidelines Issued
The highly anticipated new edition of the OECD´s Transfer Pricing Guidelines was issued on 10 July 2017. It mainly reflects a consolidation of changes resulting from the BEPS project.
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Amazon must repay 250 million euros
The EU Commission has adopted a decision that Amazon’s tax benefits in Luxembourg are illegal under EU State aid rules. A tax ruling granted by Luxembourg has reduced Amazon’s tax bill for more than eight years.
