Transfer Pricing

By Dylan Moroses

The Internal Revenue Service updated internal guidance for how the agency should account for deferred compensation expenses for purposes of calculating the deduction available for foreign-derived intangible income.

By David Hansen

The Canadian branch of Kraft Heinz should wait until it receives a CA$10 million ($7.8 million) tax bill before asking the court system to nullify the transaction that led to it, a British Columbia court ruled.

By Kevin Pinner

Journalists' work exposing the U.S., U.K. and European Union's shared failure to enforce extraordinary sanctions on Russia's economy and wealthy individuals motivated politicians worldwide to propose groundbreaking transparency measures, veteran government attorneys said at a conference Friday. 

By Matthew Guerry

The United Nations is taking comments on a working plan for a recently established subcommittee on transfer pricing.

By Kevin Pinner

Patriarchal, racist attitudes held by powerful players within the global financial system such as tax collectors, lawyers and accountants have stymied Africa's capacity to fund development and helped vindicate people robbing resources, experts said during a conference Wednesday.

By Kevin Pinner

Financial secrecy helps rich, powerful people from around the world, including Vladimir Putin, avoid and evade taxes, so countries should use the war in Ukraine to push for changes to end tax havens, European academics said during a conference Tuesday.