Week in Insights: Work Opportunity Credit Never Really Worked
This week, experts examined a proposed California billionaire tax, VAT consequences of “zero-person” companies operated by AI, and more.
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.
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.
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 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.
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.

This week, experts examined a proposed California billionaire tax, VAT consequences of “zero-person” companies operated by AI, and more.
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.
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.
The Trump administration said it will maintain 50% tariffs on many imported steel, aluminum and copper products, even as it moves to simplify duties for goods made with negligible amounts of the metals.
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.
Buyout firms sitting on billions of dollars of legacy assets in India got some relief this week, when the country’s finance ministry said it won’t apply anti-tax avoidance laws to investments made before April 1, 2017.
When considering government AI use, lawmakers must pause immediate political incentives. This means establishing guardrails for what will best serve the country into the future.
An online government portal to provide refunds on tariffs struck down by the US Supreme Court will handle claims for about 63% of 53 million import entries at issue when it first launches, according to a new court filing.
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.
Lawmakers who want to soften rising gas prices’ impact on low- and middle-income households should deliver targeted relief measures that don’t disrupt markets.
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, ...
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 ...
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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