Budget 2025 proposes a block assessment mechanism for transfer pricing to reduce compliance burdens. The new approach allows ...

Taxpayers can opt for this multi-year application by submitting a prescribed form within a specified timeframe. The Transfer Pricing Officer (TPO) will validate this option within one month. If ...

Additionally, the finance minister expanded the scope of safe harbour rules to reduce litigation and provide certainty in international taxation.

Transfer pricing rules are designed to ensure that income from international transactions or certain domestic transactions is determined on the basis of an “arm’s length price” (ALP). This means that ...

Experts say transfer pricing rationalisation will benefit GCCs and MNC service providers, providing clarity and certainty about tax ...

IN recent years, a significant tax issue has emerged surrounding the taxation of inter-company loans, specifically in relation to imputed interest. This has raised important questions about the power ...

The proposal in the Union Budget to expand the presence of global capability centres (GCCs) to Tier II destinations is ...

Start-ups with overseas operations will also benefit from the transfer pricing safe harbour provisions that are proposed to ...

The UK’s tax authority in 2023-2024 settled transfer pricing cases the quickest it has in four years. His Majesty’s Revenue and Customs settled inquiries in 33.1 months on average in 2023-2024, a ...

Martin is chair of the Kreston Global transfer pricing (TP) group and a partner and tax adviser at AREA Bollenberger in ...

Streamlining international taxation and expanding safe harbour rules for Global Capability Centres (GCCs) in India are ...