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Category: Tax Matters

Transfer pricing and the IRS – The Good, The Bad and The Ugly 

The IRS has taken decisive steps to tighten compliance with transfer pricing regulations, capturing the attention of businesses operating within the U.S. Much like in The Good, the Bad, and the Ugly, strategy, timing, and alliances may determine who emerges unscathed.   Below

Argentina: Intercompany Transactions Involving an International Intermediary 

Introduction  In the context of the New Fiscal Pact 2025, the Argentinian tax authority  (Agencia de Recaudacion y Control Aduanero – ARCA) has been sending out communications to taxpayers, in particular to exporters that operate with international intermediaries, regarding intercompany transactions that

Peruvian Tax Court Resolution on Interest-Free Loans Between Related Parties

This resolution addresses a tax dispute between a taxpayer and the Peruvian tax authority (SUNAT) concerning the tax treatment of funds received from non-resident related parties, classified as interest-free loans subject to implied interest under Peruvian transfer pricing regulations.  Background  · Audited

Perú: Resolución del Tribunal Fiscal sobre Préstamos entre Vinculadas

La presente resolución aborda una controversia tributaria entre un contribuyente y SUNAT sobre el tratamiento fiscal de desembolsos recibidos de empresas vinculadas no domiciliadas, considerados como préstamos a título gratuito, sujetos a presunción de intereses bajo las normas de precios de transferencia en el Perú. Antecedentes Decisión del Tribunal Conclusión El Tribunal respaldó a SUNAT al calificar los desembolsos como préstamos sujetos a precios de transferencia,

Summary of Pillar One Amount B and current state of play

INCLUSIVE FRAMEWORK ON BEPS OECD (2024), Pillar One – Amount B: Inclusive Framework on BEPS, OECD/G20 Base Erosion and Profit Shifting Project, OECD Publishing, Paris. Background The OECD released a final report on Amount B in February 2024, with updates finalized in June

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