Publication
UK Carbon Border Adjustment Mechanism: how will it work?
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Global | Publication | July 2022
The Dutch Ministry of Finance has published its new transfer pricing decree dated 14 June 2022 (the Decree) . This Decree provides further guidance on the application of the arm's length principle in specific transactions and Dutch Ministry of Finance’s view on cases where the OECD Transfer Pricing Guidelines leave room for interpretation. The Decree replaces the prior version dating back to 2018.
What is new?
The most important amendments to the Decree include the following topics:
Next steps
The Decree has mainly been updated to reflect OECD’s guidance on financial transaction in Chapter X of the OECD Transfer Pricing Guidelines and certain other recent developments, such as Supreme Court cases. It is important for taxpayers to consider if their existing transfer pricing policies are still in line with the (updated) guidance. This is especially the case for financial transactions, such as implicit support, guarantees and captives.
Publication
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Publication
International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
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