Thursday , February 22, 2018 |   08:29:25 IST
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI
About Us Contact Us Instant Updates Newsletters
 
NEWS FLASH
 
TP - Incurring of losses at entity level or accrual of less economic benefit, is no criteria to determine ALP of royalty payment to AEs in respect of technical know how, at NIL: ITAT (See 'Breaking News') TP - Revised grounds filed by assessee against TP adjustment towards services related to AEs, merits no adjudication, if it is already settled as per MAP Procedure: ITAT (See 'Breaking News') TP - Accrual of tangible economic benefit to Indian entity on account of technology received from overseas AE, is no prerogative for making ALP adjustment in case of royalty paid to AEs: ITAT (See 'Breaking News') TP - No Company can be excluded from set of final comparable merely because it is making loss at operating profit level: ITAT (See 'Breaking News') I-T - Belated claim for seeking refund of excess TDS deducted mistakenly, while making payment of royalty to overseas AE, is no ground to deny such refund: HC (See 'Breaking News') TP - Assessment framed against non-existing entity is a not a procedural irregularity, which can be cured by invoking provisions of section 292B: ITAT (See 'Breaking News') TP - Failure of AO to ascertain most appropriate method for determination of ALP in relation to its international transaction with AEs, paves way for revisional jurisdiction: ITAT (See 'Breaking News') TP - When impact of receivables have been factored in working capital adjustment and thereby on its pricing/profitability vis--vis comparables, then no further adjustment is called for: ITAT (See 'Breaking News') I-T - TDS reconcilliation statement cannot be relied solely, for exercising revisional jurisdiction, without recording any impact on income by reason of international transaction in terms of Sec 92: ITAT (See 'Breaking News') Global bodies call for mobilising domestic taxes to meet SDGs (See 'TII 'Brief') TP - Reference made to TPO for computation of ALP of international transaction, in absence of approval from appropriate authority u/s 92CA, is jurisdictional defect: ITAT (See 'Breaking News') TP - ALP adjustment made in name of a non existing entity, which had been previously amalgamated by order of Writ Court, should not be sustained: ITAT (See 'Breaking News') TP - Internal CUP method benchmarked by assessee as MAM while computing ALP, cannot be disregarded, merely because of different pricing mechanism in case of AE and non-AEs: ITAT (See 'Breaking News') India, Iran sign Protocol to amend DTAA (See 'TII Brief') TP - Rate of Royalty approved by SIA / RBI will constitute CUP data, and hence international transaction comprising such royalty payment, is to be treated at ALP: ITAT(See 'Breaking News') I-T - Withholding tax liability on transponder rent & downlinking charges paid to overseas AE, cannot be determined without verifying that recipient AE had incorporated such payments its income: ITAT (See 'Breaking News')
 
TII SEARCH
 
 
   
Home >> News Brief
 

Tax administrators, OECD focus on BEPS implementation at regional meeting
By TII News Service
Oct 23, 2017 , Paris

    

ABOUT 80 delegates from 20 countries and 11 organisations gathered in Bratislava for the third regional meeting of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) in the Eastern Europe and Central Asia region. This meeting, coming after the third plenary meeting of the Inclusive Framework held in the Netherlands on 21-22 June 2017, belongs to a new series of regional events that offer participants from different regions in the world the opportunity to provide their views and input into the Inclusive Framework on BEPS from a regional perspective and in a regional setting.

Participants discussed and shared the steps and actions taken in their respective jurisdictions to implement the BEPS measures. The meeting also offered the opportunity to discuss recent developments, with a specific focus on the peer-review mechanisms as well as timelines for the implementation of the minimum standards. The work on toolkits to support low-income countries was extensively illustrated by the representatives of the OECD, IMF and UN, and discussed with the participants to seek their input. The range of capacity-building initiatives to support countries in implementing the BEPS package was also discussed. The meeting offered an opportunity to discuss recent developments in transfer pricing and the tax treaties area, including country-by-country reporting and the tax treaty-related minimum standards. The event also covered the latest developments relating to the Multilateral Instrument, including upcoming training events aimed at supporting countries in their signature and ratification processes and an opportunity for delegates to share their experiences on this process.

The event was hosted by the Ministry of Finance and the Financial Directorate of the Slovak Republic, and organised by the OECD in partnership with the Intra-European Organisation of Tax Administrations (IOTA). Participants included senior officials from ministries of finance and tax administrations from Belarus, Bulgaria, Croatia, the Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, Montenegro, Oman, Pakistan, Poland, Romania, the Slovak Republic, Slovenia, the Former Yugoslav Republic of Macedonia, Turkey, Ukraine and the United Arab Emirates, as well as representatives from the International Monetary Fund, the United Nations and the private sector (the Business and Industry Advisory Committee to the OECD (BIAC), Deloitte, KPMG, Ernst & Young, PWC Bratislava, the Slovak Chamber of Tax Advisors and BMB Leitner).

 
 
gmail login
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI TII
  • DTAAs
  • TIEAs
  • Circulars (I-T Act, 1922)
  • Circulars
  • Instructions
  • DRP Panel
  • Administrative Orders
  • Notifications
  • I-T Act, 1961
  • Relevant Portion of I-T Rules,1962
  • Relevant Portion of I-T Act,1922
  • GAAR
  • Equalisation Levy
  • Draft Guidelines
  • Committee Reports
  • FATCA
  • Intl-Taxation
  • Finance Acts
  • Manual on EoI
  • DTC Bill
  • UN Model
  • Miscellaneous
  • Guidance Notes - AEOI
  • OECD Conventions
  • Cost Inflation Index
  • Union Budget
  • Information Security Guidelines
  • Circulars
  • Instructions
  • Notifications
  • Relevant Sections of Act
  • TP Rules
  • Forms
  • Miscellaneous
  • APA Annual Report
  • APA Rules
  • APA FAQ
  • UN Manual on TP
  • Safe Harbour Rules
  • US Transfer Pricing
  • FEMA Act
  • Exchange Manual
  • Fema Notifications
  • Master Circulars
  • Press Notes
  • Rules
  • RBI Circulars
  • FDI Circulars
  • Reports
  • FDI Approved
  • RBI Other Notifications
  • FIPB Review
  • Black Money Act
  • PMLA Notification
  • PMLA Instruction
  • PMLA Bill
  • FM Budget Speeches
  • SEBI
  • Multimodal Transportation
  • Vienna Convention
  • NBFC Reports
  • EXIM Bank LoC
  • Manufacturing Policy
  • FTDR Act, 1992
  • Intellectual Property
  • White Paper on Black Money
  • Posting Policy
  • PMLA Cases
  • Transfer of Property
  • CBR Act, 1963
  • MCA Circular
  • Book Review
  • Limitation Act
  • SSAs
  • EPFO
  • FAQs
  • Acts
  • Rules
  • Guidelines
  • Tourist Visa
  • Notifcations
  • Types of Visa
  • Agreements
  • Arbitration
  • Model Text
  • Relevant Portion of I-T Act
  • Circulars
  • I-T Rules, 1962
  • MISC
  • Notifications
  • Subscribe
  • About Us
  • Contact Us
  •  
     
    A Taxindiaonline Website. Copyright © 2016 Taxindiainternational.com Pvt.Ltd. All rights reserved. | Powered by 4th Dimension