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Recent Korean TP precedents: practical implications for policy and compliance

by usoftax_admin | Apr 16, 2025 | Tax News

With South Korea expected to intensify its focus on multinationals’ intercompany transactions during tax audits, Yulchon tax partners analyse several transfer pricing-related rulings that could help shape strategy

The periodicity principle v OECD guidance: Swiss court rejects multi-year margin averaging

by usoftax_admin | Apr 16, 2025 | Tax News

Monika Bieri and Caterina Colling Russo of Tax Partner discuss a Swiss court ruling concerning the use of multi-year margin averaging in transfer pricing adjustments and suggest several steps that could help ensure compliance

No Appeal For Green Energy Co. CEO In $40M Investor Suit

by usoftax_admin | Apr 15, 2025 | Tax News

The CEO of a company purportedly funded by a green energy outfit can’t appeal a judge’s determination in a proposed investor class action that found the executive is subject to the Tennessee federal court’s jurisdiction, saying he failed to meet the...

CarMax’s Intercompany Deals Assailed In SC Appeals Court

by usoftax_admin | Apr 15, 2025 | Tax News

CarMax used intercompany transactions to distort an entity’s business activity and thus its tax burden in South Carolina, the state’s tax agency told an appeals court, arguing that because of this distortion, the state was correct in requiring CarMax to...

Bill To Ax Church Politics Ban Reignites Free-Speech Debate

by usoftax_admin | Apr 15, 2025 | Tax News

More than a dozen congressional Republicans support what they characterize as free-speech legislation to overturn a 1954 tax law barring churches from endorsing candidates, despite warnings from some lawmakers and others that it could weaken church-state separation...
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