Income tax department amends rules to reduce transfer pricing litigation
Income tax department amends rules to reduce transfer pricing litigation. The income tax department on Tuesday amended the rules regarding cross-border taxation to bring more certainty and reliability in the way officers scrutinise if MNC transactions …
Read more on Financial Express

Tax Court Decision in Altera Overturns Important Transfer Pricing Regulations
The Altera decision should also support the many taxpayers who have questioned the separate section 482 regulatory requirement that cost-based transfer pricing (e.g., cost-plus pricing for services) must include the cost of stock-based compensation.
Read more on The National Law Review

Chevron Hit With 5M Tax Bill In Aussie Transfer–Price Suit
Law360, New York (October 23, 2015, 2:15 PM ET) — Chevron Corp. is on the hook for roughly AU$ 270 million ($ 195 million) after an Australian court said on Friday that the oil giant improperly lowered its taxes through a loan arrangement with a U.S. …
Read more on Law360 (subscription)