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NJ General Revenue Collection Through March Up $1.6B

by usoftax_admin | Apr 16, 2025 | Tax News

New Jersey’s revenue collection from July through March outpaced collections last year by $1.6 billion, the state’s Department of the Treasury reported.

Hunter Biden Tax Probe Critic Named Acting IRS Chief

by usoftax_admin | Apr 16, 2025 | Tax News

An Internal Revenue Service special agent who accused the U.S. Department of Justice of misconduct in an investigation of former President Joe Biden’s son Hunter has been named the acting IRS commissioner, a U.S. Treasury Department spokesperson confirmed...

EY’s regulatory troubles continue as FRC launches Post Office probe

by usoftax_admin | Apr 16, 2025 | Tax News

The UK regulator is investigating EY’s auditing of the national postal service as it relates to the high-profile Horizon scandal, which saw hundreds wrongfully convicted

Decoding intellectual property ownership: insights from Swedish transfer pricing case law

by usoftax_admin | Apr 16, 2025 | Tax News

Mikael Jacobsen and Henri Ahtiainen of Skeppsbron Skatt explore how several recent Swedish cases have shed light on the complex distinction between legal and economic ownership of intellectual property in transfer pricing matters

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
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