David Rosenbloom Comments on EU Starbucks Ruling in Bloomberg BNA
H. David Rosenbloom spoke with Bloomberg BNA concerning the European Commission settling on its own interpretation of the arm's length principle ruling that the Dutch tax authority provided illegal state aid to Starbucks. Mr. Rosenbloom commented how this ruling is bold move by the commission. “If state aid translates into a de novo review of the transfer pricing method in an APA, we're in trouble,” Mr. Rosenbloom said. “Whatever the question is, the answer is surely not ‘transfer pricing.' ” To view the complete article, please visit Bloomberg BNA's website (subscription required).