Key highlightsRecent developments reinforce importance of reviewing transfer pricing approach The United States (US) Internal Revenue Service is intensifying transfer pricing compliance efforts, and a US Supreme Court ruling has overruled Chevron deference, mandating courts to independently interpret statutes rather than deferring to agency interpretations. These developments underscore the need for a thorough review of transfer pricing practices. Digital services tax jurisdiction activity summary now available An updated version of the digital services tax (DST) jurisdiction activity summary, current as of 25 September 2024, is now available. The summary outlines the status, scope, rate, thresholds, exclusions, and effective dates of...