Irish FM Criticizes EU Demand For Apple Taxes

Jason Gorringe, Tax-news.com, London // 17 August, 2017

Ireland's new Finance Minister, Paschal Donohoe, has described the EU's demand for the collection of up to EUR13bn (15.3bn) in "unpaid" taxes from Apple as unjustified, according to reports.
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UK Issues Guidance On Preparing CbC Reports

Jason Gorringe, Tax-news.com, London // 16 August, 2017

The UK tax authority, HM Revenue and Customs, has issued guidance for businesses on the preparation of country-by-country reports in the required format.
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US IRS Now Accepting CbC Reports

Mike Godfrey, Tax-News.com, Washington // 14 August, 2017

The US Internal Revenue Service has begun accepting country-by-country reports from multinational corporations.
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US Think Tank Says Earning Stripping Regs Should Be Retained

Mike Godfrey, Tax-News.com, Washington // 09 August, 2017

Contrary to calls from businesses from the regulation's withdrawal, the Institute on Taxation and Economic Policy has called on the US Treasury to fully implement and strengthen its final Section 385 anti-earnings stripping debt-equity regulations, designed to reduce the benefits of corporate tax inversions.
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Ireland Explains Transfer Pricing Documentation Rules

Jason Gorringe, Tax-news.com, London // 09 August, 2017

On August 3, 2017, the Irish Revenue published Revenue e-Brief No. 74/17, which contains guidance for taxpayers on complying with Ireland's transfer pricing documentation requirements.
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