Transfer Pricing

By Kevin Pinner

A banker who provided himself non-arm's-length personal loans through his company thereby disqualified from tax relief his £1.5 million ($2.1 million) investment of foreign income into the firm, making him liable for more than £675,000 in tax, the U.K. Upper Tribunal said.

By Natalie Olivo

The U.S. Chamber of Commerce and the National Association of Manufacturers urged the Sixth Circuit to reverse an Ohio federal judge's order requiring Eaton Corp. to share European employee evaluations with the IRS, contending that disclosure would create unnecessary conflicts with foreign privacy laws.

By Jack McLoone

An Organization for Economic Cooperation and Development program aimed at helping developing countries improve their abilities to address the challenges of international taxation has been largely beneficial and effective, though there is room for improvement, a survey released by an independent economic research company said Monday.

By Jack McLoone

The Organization for Economic Cooperation and Development laid out its priorities Monday for work in the coming years, including continued capacity-building for its information exchange programs and expanding the global adoption of its crypto-asset reporting standards.

By Natalie Olivo

The United Arab Emirates published guidance that clarifies timelines and other procedural matters regarding the mutual agreement procedure process designed to help resolve cross-border tax disputes involving multinational corporations.

By Anna Scott Farrell

An Ohio federal judge should have shielded Eaton Corp.'s evaluations of more than a dozen overseas workers from an IRS investigation of the company's sale of intellectual property, not just the records for workers whose jobs were unrelated to the tax issue, the company told the Sixth Circuit.