Canada Transfer Pricing Reforms Would Make Compliance Pricier
Tax professionals and multinationals should watch closely to gauge how proposed transfer pricing rules might affect investment and Canada’s broader business climate.
IRS Update to Fast Track Settlement Program a Welcome First Step
Improvements to the IRS’s alternative dispute resolution programs should be part of a series of reforms that will increase transparency, independence, and taxpayer confidence in the agency.
Week in Insights: NIL Era Brings Threat of Tax Exemption Abuses
This week, experts examined the IRS’s fast track settlement program, Canada’s proposed transfer pricing reforms, and more.
OpenAI’s Tax Subsidy Efforts Amount to Silicon Valley Socialism
OpenAI’s push to expand the CHIPS Act tax credit into a broad artificial intelligence infrastructure subsidy shows how the government, and by extension taxpayers, are already underwriting the AI boom—just as the industry’s massive energy and land use burdens begin hitting state and local budgets.
Bloomberg Opinion
Career Moves
View MoreBaker McKenzie Hires Deloitte Transfer Pricing Partner in London
Sebastian Ma’ilei will join Baker McKenzie as a partner in its tax practice in London, the firm announced Wednesday.
Baker McKenzie Adds Senior IRS Attorney to Chicago Tax Practice
Doug Wick has joined Baker McKenzie as a partner in its tax practice in Chicago, the firm announced Monday.
Weil Adds Partner to Transactional Tax Practice in Los Angeles
Josh McLane joined Weil, Gotshal & Manges as a partner in its transactional tax practice in Los Angeles, the firm announced Tuesday.
White & Case Adds Two Partners to Global Tax Practice in London
Arun Birla and Jiten Tank joined White & Case as partners in its global tax practice in London, the firm announced Tuesday.
From Across Bloomberg Tax
- Tax Management International
- Tax Management Memo
CJEU Clarifies VAT Rules for Toolings Activities: Brose Prievidza
The CJEU clarifies the VAT treatment for manufacturers’ tooling purchases from subcontractors.
Courts Play Key Role As Transfer Pricing Disputes Escalate
Transfer pricing is no longer a technical exercise but a governance issue involving decisions about value chains, intellectual property ownership, and distributor characterization that must withstand courtroom-level interrogation.
How Will Generative AI Affect Value Chains and Transfer Pricing?
As GenAI continues to evolve, companies should monitor potential changes in their business models and value chains to understand the impact on existing transfer pricing structures and policies.
South African Tax Rules Murky on Debt, Preference Share Funding
Technical analysis of South Africa’s evolving tax treatment of debt and preference share funding instruments is presented with a focus on the March 2025 Tax Court ruling on raising fees and 2025 Tax Laws Amendment Bill relating to hybrid equity instruments.
How Does OBBBA Affect Canada-US Individuals Tax Comparisons?
Individual tax laws in Canada and America are compared.
How Do US-Asia Trade Agreements Affect DSTs, FDDEI and VAT?
The US recently announced trade agreements and trade framework agreements with Cambodia, Malaysia, Thailand, and Vietnam that have important implications for DSTs, the US’s FDDEI regime, and VAT.
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IRS Furloughs Present a Strategic Opportunity for Businesses
Businesses that use the IRS furloughs to refine their structures, verify documentation, and tighten strategy will come out of the government shutdown stronger than before.
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