In this Insights: Transfer Pricing, we provide an update on exchange of country-by-country reports between the US and India and summarize a new guideline from the Australian Taxation Office on distributors’ operating margins.
US Tax Court favors unspecified method to determine royalty rate
The first US transfer pricing court decision of 2022 was published on Thursday, August 18, 2022, specifically Medtronic, Inc. and Consolidated Subsidiaries v....