Arm’s Length Standard is a bimonthly publication of the Global Transfer Pricing service group that covers transfer pricing developments around the world. It is designed to provide senior tax executives (VP of Tax and Tax Directors) with news and analysis on the latest issues within transfer pricing.

Subscribe to receive Arm’s Length Standard directly via email (e-newsletters are managed out of the United States).

June/July 2008

• Canadian court decision causes indigestion for Glaxo
• Italian court hands down controversial decision on intercompany service charges
• Turkey extends deadlines for 2007 transfer pricing documentation, expands scope of ‘related party’ definition
• IRS expands scope of advance pricing agreements to cover permanent establishment issues
• Canadian court dismisses government motion in GE case
• South Africa debates scope of changes to transfer pricing regime
• Turkey introduces transfer pricing documentation rules for taxpayers in free trade zones

April/May 2008
IRS issues industry directive on cost sharing

February/March 2008 
Transfer pricing reform in Russia: A change of course

December 2007/January 2008
IRS releases coordinated issue paper on cost sharing buy-in adjustments

October/November 2007
Canada-U.S. protocol institutes binding arbitration procedure: It’s finally time to play ball

August/September 2007
Competently negotiating the U.S. competent authority process