On 16 January 2015, the European Commission published the non-confidential details of its decision taken in October 2014 to open a formal state aid investigation into a ruling by the Luxembourg tax authorities in favour of Amazon’s transfer pricing arrangements dating back to 2003.
The OECD has released public comments on the BEPS discussion draft on action 14 (making dispute resolution mechanisms more effective). See the 413-page document.
Peter Cussons examines the potential EU law and international issues facing the UK's diverted profits tax.
In the first of a new series, Allan Cinnamon provides a global review of tax treaty developments, including the UK’s DPT.
Mark Middleditch (Allen & Overy) provides the monthly round-up of tax developments affecting the City
William Morris (BIAC) reflects on the lessons learned to date that will contribute to a successful outcome for the BEPS project
The European Commission has enlarged the enquiry into the tax ruling practice under EU state aid rules to cover all member states.
The OECD has published the following discussion drafts as part of the BEPS project:
Hey, a new tax. As a tax adviser, that sounds like pretty good news. (Shame it is so bad for the country, but that's politics for you).
The OECD has released its discussion draft on the use of profit splits in the context of global value chains as part of the work on BEPS Action 10.