Transfer Pricing

By Natalie Olivo

The U.S. government urged an Ohio federal judge to order power management multinational Eaton to produce records on certain European employees in response to an IRS investigation, arguing the company's contention the court lacks jurisdiction is "pure sophistry."

By Dylan Moroses

Negotiations continue on Pillar One at the Organization for Economic Cooperation and Development even after a deadline passed to release the final text of a multilateral convention to establish the project's taxing right known as Amount A, the director of the OECD's tax policy office said Monday.

By Bengt Ljung

European Union leaders nominated European Commission President Ursula von der Leyen for a second term and named their picks for two other top jobs in the bloc that will steer European policy for the next five years, including tax policy and economic sanctions.

By Natalie Olivo

Trustees associated with an Australia-based gambling website owe capital gains taxes on the AU$31 million ($20.6 million) sale of the business to News Corp., an Australian court ruled, finding the parties lacked an affiliated relationship that could warrant an exception.

By David van den Berg

Most taxpayers that received letters from the Internal Revenue Service pursuant to a compliance campaign warning them of a transfer pricing issue have responded, an IRS official said Thursday.

By Bengt Ljung

Hungary, the incoming chair of meetings of European Union countries, plans to discuss energy taxation and several proposals on corporate taxation during the next six months but doesn't expect to reach any agreements, according to meeting agendas.