


Coca-Cola’s $6 Billion Tax Fight: How Transfer Pricing Works
Cross-border transfer pricing is how multinational companies price transactions between related entities. Governments use these rules to prevent improper profit shifting. This video explains how it works — and how it can trigger billion-dollar tax bills.

Rock-Themed Campus Tour Courts Gen Z to Fill Accountant Shortage
Facing a shortage of accountants, state accounting boards are vigorously trying to attract younger workers to the profession through outreach like a rock-music themed, college tour to publicize easing of decades old licensing requirements.
PODCASTS
Tax Filing Season Is Underway: Here's How It's Going So Far
States Still Decoupling From GOP Tax Law Deep Into Filing Season
Tariff Refunds Would Threaten Tax, Transfer Pricing Headaches
DOJ Tax Attorneys Focus on Immigration, Nonprofits After Shakeup
Columns + Commentary
Danny Werfel By All AccountsMinnesota Probes Reveal That Fraud Prevention Requires Tradeoffs
Andrew Leahey Technically SpeakingVolkswagen Move to Vacate Onshoring Shows US Tariff Policy Flaws
Andrew Leahey Technically SpeakingNY Budget Leaves the Future Vulnerable to Avoid Political Pain
Andrew Leahey Technically SpeakingIRS Partnership Audit Brain Drain Is an Opportunity for States
Practitioner Insights
View More InsightsBloomberg Tax Journals
View MoreDOL Proposes to Replace the 2024 Independent Contractor Rule
The DOL proposed a new rule to simplify independent contractor classification, reverting to a framework similar to the 2021 rule.
FIFA 2026 World Cup Blows the Whistle on Complex Tax Risks
The 2026 World Cup highlights the complexities of applying international tax treaties and social security and totalization agreements in international sports.
India Court Decisions on MLI Require Separate Notifications
India’s 2020 MLI implementation faces challenges due to court rulings requiring separate notification for each modified tax treaty.
Tax Developments
View MoreU.S. District Court Upholds IRS Rule on Captive Insurance, Dismisses Claims of Overreach, Arbitrary Action
The U.S. District Court for the Eastern District of Tennessee held that the IRS’s final rule and regulations regarding captive insurance transactions did not violate the Administrative Procedure Act, granting ...
U.S. District Court Finds IRS Violated Confidentiality Laws by Sharing Taxpayer Addresses with ICE
The U.S. District Court for the District of Columbia held that the IRS violated IRC §6103(i)(2) by improperly disclosing confidential taxpayer addresses to ICE, indicating it would supplement the appellate ...
U.S. Tax Court Rules Partner’s Contribution of Own Promissory Note Yields Zero Basis in Partnership Interest
The U.S. Tax Court held that a partner’s contribution of its own promissory note to a partnership resulted in zero basis in the partnership interest and zero basis in the ...
IRS Shakeup: How Is the US Tax Agency Adapting to Trump's Vision?
Since President Donald Trump took office, the IRS has faced transformative changes, including a substantial reduction in its workforce and the appointment of seven different commissioners or acting commissioners.
Latest Stories
Data Center Tax Break Pushes Virginia Budget Talks Over Deadline
Virginia lawmakers remain at an impasse over whether to maintain the state’s $1.6 billion data center sales tax exemption, as talks to reach a two-year budget deal go down to the wire.
State Department Reduces Fee to Renounce US Citizenship
The State Department has cut the fee for people to renounce their US citizenship by more than 80%, in a victory for so-called “accidental Americans” who had challenged the fee.
Meta’s $16 Billion Tax Fight Can’t Involve Interest, IRS Urges
The US Tax Court lacks the authority to compute statutory interest, and thus should dismiss any allegations relating to interest in
Puerto Rican Resident Should Be Denied Injunction in IRS Dispute
A Puerto Rican resident should be denied a court order preventing the IRS from forcing her to file tax returns in a dispute over an erroneous seriously delinquent tax debt certification, a magistrate judge said.
FROM ACROSS BLOOMBERG TAX
- Daily Tax Report International
- Daily Tax Report State
- Transfer Pricing Report
- The Exchange: Tax Insights & Commentary
Singapore Tax Agency Updates List of Participating Jurisdictions Under MCAA-CbC
The Singaporean Inland Revenue Authority March 6 updated the list of participating jurisdictions under the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports. The updated list ...
Poland Gazettes Notice Further Reducing Annual Interest Rates for Late Tax Payments
The Polish Official Gazette March 10 published Notice No. 269, further reducing the annual interest rates for late tax payments, from March 6. The notice includes decreases, to: 1) 10.50 ...
Taiwan Tax Agency Clarifies Corporate Income Tax Deduction Rules for Substantial Investments Using Retained Earnings
The Taiwanese Ministry of Finance March 10 clarified corporate income tax deduction rules for substantial investments using retained earnings. The clarification includes that:1) a for-profit company or limited partnership applying ...
Poland Lower House Considers Bill on Implementation Deadline for Mandatory VAT E-Invoicing System for Micro-Entrepreneurs
The Polish lower house of parliament (Sejm) Feb. 13 accepted for consideration Bill No. 2321/2026, on the implementation deadline for the mandatory national VAT e-invoicing system (KSeF), for specified micro-entrepreneurs. ...
European Commission Approves Denmark Set-Aside Regime for Implementation of Climate, Nitrogen, Nature Projects
The European Commission (EC) March 9 issued State Aid Case Decision No. SA.119017, approving Denmark’s set-aside regime for the implementation of climate, nitrogen, and nature projects. The decision includes measures ...
European Commission Approves France Tax Credit Regime for Investments in Green Industry
The European Commission (EC) March 9 issued State Aid Case Decision No. SA.120765, approving the French tax credit regime for investments in the green industry. The decision includes measures to: ...
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