21st September 2009

The European Commission proposes a revised Code of Conduct for applying the Arbitration Convention to improve prevention of double taxation

The Code of Conduct drafted by the EU Joint Transfer Pricing Forum on Business Taxation should facilitate further elimination of double taxation of company profits and ensure a more consistent enforcement of transfer pricing rules. Member States are urged to endorse the recommendations of the revised Code and to implement them in their legislation or administrative practices. For more click here.

Members of the American Chamber of Commerce in the Czech Republic