In 2021, the Nigeria Transfer Pricing (TP) space was impacted by a number of domestic and international developments, which are expected to shape and influence the TP landscape in 2022.
The Indonesian Government recently introduced a new tax law, namely Law No. 7 of 2021 regarding the Harmonization of Taxation ("Taxation Harmonization…
Leading cigarette manufacturer Philip Morris Fortune Tobacco Corp. (PMFTC) has lost its bid to recover P2.7 billion in tax refund representing excise taxes paid for cigarette packs containing less than 20 sticks for the taxable period starting January 1, 2014 until December 31, 2015. In a 24-page decision, the Court…
Sandra Solbrekke and Lene Bergersen of Deloitte Norway consider whether the Norwegian interest deduction limitation rule is in breach of EEA/EU law, a question currently being assessed by the EFTA Court.