Rest of the World

• How the recession will have an impact on comparables selection and documentation

  It is now clear to tax authorities and taxpayers, says Pamesh Sharma of Thomson Reuters, that the economic downturn will offer unique challenges to the arm’s-length standard and the continuing search for evidence to support expected profit levels by economic function.  December 17, 2008

• India to say no to transfer pricing reform

  Reforming transfer pricing in India will not be top of the agenda in next year’s budget, despite fears that the present system is too aggressive and a hindrance to business development. December 10, 2008

• Developing countries warned on transfer pricing abuse

  Poor countries have been warned against giving too many tax incentives and allowing transfer pricing abuses in their bid to encourage international companies to invest in their economies December 03, 2008

• South Africa warns of action over transfer pricing abuse

  The South African Revenue Service has said it will crack down on transfer pricing abuse amid concerns that multinationals are using the method to boost balance sheets. November 26, 2008

• Economic issues in the OECD draft report on business restructurings

  Paul Flignor and Alan Granwell of DLA Piper investigate four of the major economic considerations for companies as a result of the OCED draft report. November 25, 2008

• Business restructuring is under the transfer pricing spotlight

  Batanayi Katongera of Thomson Reuters warns corporations everywhere that business restructurings are under more scrutiny than ever before in light of the OECD discussion draft on the topic. November 18, 2008