Hong Kong passed has implemented a base erosion and profit shifting and transfer pricing tax regulatory regime.
The Amendment of Transfer Pricing Audit Rules was published on November 13, 2017, by the Taiwan Ministry of Finance.
On November 17, 2017, updates to the information to be included on transfer pricing documentation were published.
The OECD published the revised Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations.
The UAE joins 108 other countries by formally signing the Organization for Economic Co-operation and Development (OECD) multilateral convention
On May 4, 2017, Google agreed to pay Italian tax authorities an estimated $335 million in back taxes
The Inland Revenue Authority of Singapore (IRAS) recently released revised 2017 transfer pricing guidelines.
The Cyprus tax authority announced that the previously agreed minimum profit margins on back-to-back intragroup financing will cease to apply from July 1, 2017.
On January 18, 2017, the Australian Taxation Office (ATO) published Practical Compliance Guideline PCG 2017/1