- Italy addresses double taxation arising from foreign TP adjustmentsItaly has recently implemented a new procedure to mitigate double taxation arising from foreign transfer pricing adjustments. Chiomenti’s Raul-Angelo Papotti, Paolo Giacometti and Andrea Alcara discuss the procedure, conditions and mandatory elements that must be addressed in order for an enterprise to seek an adjustment.
- Transfer pricing controversy and governance challenges in LuxembourgLuxembourg’s stability and innovative culture has made it a global leader in the financial services sector. However, the greater interaction between the tax and regulatory dimension is creating complex tax governance and controversy challenges. Deloitte Luxembourg’s Ralf Heussner and Enrique Marchesi-Herce explore the impact BEPS changes will have on Luxembourg and its financial services sector
- Russia’s 20-year evolution of transfer pricing practicesIn twenty short years, Russia has undergone a rapid transformation in transfer pricing (TP) adoption and harmonisation with the OECD’s norms. EY CIS’s Evgenia Veter traces the nation’s adoption, evolution and future development of TP policy, while exploring the key areas Russian tax authorities have currently highlighted as their focus
- US-France digital tax compromise reduces economic instabilityTaxpayers across various sectors are relieved that the US and France have come to an agreement on digital service taxes that avoids trade tensions.
- Indian tax heads frustrated by slow tax reform with no timelineTax heads at India’s largest companies are disappointed about the long wait for tax reform, especially the move to a 25% corporate tax rate, as the country tries to balance its tax base and stimulate its economy.
- Brazil aims to reform complex tax systemAna Carolina Carpinetti and Luiz Roberto Peroba Barbosa of Pinheiro Neto evaluate the proposed reforms to tax in Brazil and evaluate concerns raised by digital economy companies.
About
Adam Karp earned his MBA & JD in Michigan and has a license to practice law in both Michigan and California and is also licensed in CA as a CPA. He started his career in the Big-4 at PWC [London–International], then EY [Century City—Entertainment], then Deloitte [Transfer Pricing]. In the SOX era [Sarbanes-Oxley 2005], Karp began consulting for Fortune 500 companies [Transfer Pricing, foreign currency, foreign accounting]. Karp also works as an attorney for film companies, music artists, and entertainers, handling not only contracts, but legal matters including: tax, criminal, and immigration.