ÀÏ˾»úÎçÒ¹¸£Àû

Tax News

OECD releases October 2023 statistics from MNE group international tax risk assessments

Published on: 31 January 2024
Published by a

Specialist Tax Regulatory Materials

news-detailpage-img

Article summary

The OECD has released the Forum on Tax Administration's International Compliance Assurance Program (ICAP)’s first set of data for multilateral risk assessments of participating MNE groups, covering cases completed by October 2023. It reports that 40 percent of the groups had low-risk assessments regarding key transfer pricing risk areas.

Jurisdiction(s): World

Popular Articles

Wholly and exclusively

Wholly and exclusivelyFor both income tax and corporation tax purposes, one of the fundamental conditions that must be satisfied for an item of expenditure to be deductible, is that it must incurred ‘wholly and exclusively’ for the purposes of the trade, profession or vocation. References to CTA

14 Jul 2020 14:00 | Produced by Tolley Read more Read more

Relief for employee share schemes

Relief for employee share schemesRemuneration expenses are generally deductible for corporation tax purposes as they are considered to be incurred wholly and exclusively for the purposes of the trade. However, expenses relating to shares are usually classed as capital and are therefore not

14 Jul 2020 13:21 | Produced by Tolley Read more Read more

Self assessment ― estimates and provisional figures

Self assessment ― estimates and provisional figuresIf the taxpayer does not have sufficient information to enable them to complete the tax return in the time allowed, they should include either a best estimate or a provisional figure. The taxpayer should not either leave a box blank or enter

14 Jul 2020 13:37 | Produced by Tolley Read more Read more