News in 2015

In The News

Tax Alert: IRS Proposes Country-by-Country Reporting Rules for 2017
Dec 22, 2015

The IRS released proposed rules this week that would require country-by-country reporting for companies with US parents and annual revenue of $850 million or more. The information to be reported ((REG-109822-15, RIN 1545-BM70) would include the amount of Read More

Tax Alert: Chevron Australia Holdings Pty Ltd v. Commissioner of Taxation decision released
Nov 19, 2015

On Friday 23 October 2015 the Federal Court of Australia released its decision in the case of Chevron Australia Holdings Pty Ltd v. Commissioner of Taxation. This long awaited decision, where final submissions were made by counsel in December 2014, addres Read More

Tax Alert: OECD/G20 releases final BEPS report
Oct 08, 2015

The OECD recently released (5 October 2015) the final package of measures, a 15-point set of Action Items, for a co-ordinated global approach to reform the international tax system under the OECD/G20 Base Erosion and Profit Shifting (BEPS) project. Read More

Tax Alert: More Dutch Transfer Pricing requirements proposed
Sep 22, 2015

Dutch entities that are part of a group with a consolidated turnover of at least EUR 50 million must include master file and a local file in the administration of the Dutch group entity Read More

Tax Alert: IRS Rules on Outbound Transfers of Intangibles – Removal of Foreign Goodwill and Going Concern Exceptions
Sep 15, 2015

On Monday, September 14, 2015, the IRS released final, temporary, and proposed regulations on the outbound transfers of intangibles under Section 367. Read More

State of California’s Franchise Tax Board provides guidance on IC DISC
Sep 03, 2015

State of California's Franchise Tax Board rules that IC-DISC does not have any taxable income for California purposes. Read More

Questions Remain on BEPS, U.S. Model Treaty Changes
Aug 28, 2015

BEPS and U.S. Model Treaty changes are due in September with questions on if they will be similar or different. Read More

Australia – new tax integrity measures announced
May 29, 2015

Australia transfer pricing developments Read More

OECD Cost Contribution Arrangements Draft Emphasizes Value
Apr 30, 2015

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Philippines' tax authority looks at transfer pricing as one of the priority programs for 2015
Mar 16, 2015

Philippines transfer pricing developments Read More

Kash Mansori, Ph.D., Joins WTP Advisors' Transfer Pricing Practice
Feb 04, 2015

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