Tax Pros Wonder About Outlook as IRS Pricing Agreements Slow

The diminished number of advance pricing agreements the IRS completed last year has tax practitioners wondering what the agency will do to get more APAs done with fewer resources.

Interest Deduction Tweak Prompts Thoughts of Offshore Borrowing

American companies with a big global footprint are reconsidering their debt strategies in the US after a change in Republicans’ 2025 tax law that limits their ability to deduct interest expenses.

UK Transfer Pricing Data Push to Drive HMRC Queries, Revenue

Multinationals in the UK are bracing for a wave of targeted inquiries projected to increase transfer pricing revenue after the advent of a new documentation requirement.

India Tax Office Inks Record Number of Advance Agreements, Again

India signed a record number of advance pricing agreements in its just-ending fiscal year, blowing past last year’s record amid growing demand from taxpayers.

IRS Advance Pricing Agreement Backlog Grew After Departures

The IRS completed fewer advance pricing agreements last year after departures from the agency’s Advance Pricing and Mutual Agreement Program, worsening a growing backlog of pending agreements amid increased demand from taxpayers.

Latest Stories

US Pricing Agreements Down, India’s Up: Transfer Pricing Report

Hello and welcome to the Transfer Pricing Report. I’m Caleb Harshberger, and it’s that time of year again: APA data! APMA’s annual report came out, showing the number of executed APAs are down at the office after departures last year. India, meanwhile, reported another record year of APAs signed. In the courts, the IRS appealed its Perrigo loss. And GE wins again in Italy.

Tax Developments

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Maldives Tax Agency Announces Entry Into Force, Effective Date of DTA With Malaysia

The Maldivian Inland Revenue Authority April 2 announced that the DTA with Malaysia, signed May 24, 2023, entered into force Jan. 22, 2026, and takes effect Jan. 1, 2027. [Maldives, ...

India Tax Agency Issues Notification Announcing Effective Dates of Third Protocol to DTA With Brazil

The Indian Central Board of Direct Taxes March 30 issued Notification No. 39/2026, announcing the effective dates of April 1, 2026, in India, and Jan. 1, 2026, in Brazil, of ...

Andorra Gazettes Order Announcing Entry Into Force Date of DTA, Protocol With Estonia

The Andorran Official Gazette April 1 published an order announcing that the DTA and protocol with Estonia, signed Sept. 23, 2025, entered into force March 24, 2026. [Andorra, Government Portal, ...

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