India Budget Delivers on Tax Measures to Boost IT Sector

India’s proposals to ease tax rules for multinationals in its 2026 budget unveiled Sunday will provide them the certainty they need in cross-border transactions, according to practitioners.

OECD Releases Updated Mutual Agreement Procedure Manual

The OECD released the long-awaited update of its manual on mutual agreement procedures Monday to guide taxpayers and authorities in navigating the dispute resolution process.

Swedish Court Overturns VAT Adjustment on Intra-Group Services

The Swedish Tax Agency must demonstrate the absence of open-market comparables before making a value-added tax adjustment to intra-group services based on a parent company’s costs, a top court ruled.

Perrigo to Recoup $89.2 Million Following Transfer Pricing Win

Perrigo Co. is entitled to $89.2 million for overpaid taxes, interest, and penalties the IRS wrongly assessed from 2009 to 2012, a federal judge said in issuing a final judgment in a long-running transfer pricing dispute.

PwC Calls for Clearer Tax Rules for Foreign Government Income

Accounting giant PwC is calling for clearer rules for the tax treatment of foreign government-sourced investments and guidance on when a foreign government’s investment creates effective control issues.

Latest Stories

IRS Swings Back at Meta, India Delivers: Transfer Pricing Report

Hello and welcome to the Transfer Pricing Report. I’m Caleb Harshberger, and this week the IRS swung back at Meta’s lawsuit challenging the agency’s periodic adjustments. In India, the new budget offers relief for data centers and looks to speed up APAs. Also in India, 3M says it will appeal some new adjustments.

Goldman Defense of Lawyer’s Epstein Ties Provokes Unease

The top partners at Goldman Sachs Group Inc. were expecting to celebrate its soaring stock price and trading bonanza at their annual gathering in Miami this week. Instead, many are girding for a different topic: Kathy Ruemmler’s association with Jeffrey Epstein.

Tax Developments

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Estonia Gazettes Law Ratifying DTA, Protocol With Andorra

The Estonian Official Gazette Feb. 3 published a law ratifying the DTA and protocol with Andorra, signed Sept. 23, 2025. The law enters into force Feb. 13. [Estonia, Official Gazette, ...

Armenia MOF Posts Synthesized Text of DTA, Protocol With Ireland in English

The Armenian Ministry of Finance Jan. 30 posted a synthesized text, in English, of the 2011 DTA and protocol with Ireland, and the Multilateral Convention to Implement Tax Treaty Related ...

Armenia MOF Posts Synthesized Text of DTA, Protocol With Indonesia in English

The Armenian Ministry of Finance Jan. 30 posted a synthesized text, in English, of the 2005 DTA and protocol with Indonesia, and the Multilateral Convention to Implement Tax Treaty Related ...

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