The economic downturn brought by the COVID-19 pandemic has profoundly impacted the transfer pricing landscape. Multinational enterprises (MNEs) are dealing with serious transfer prices issues, supply chain disruptions, and restructuring expenses. In response to these growing repercussions, the Organization for Economic Co-operation and Development (OECD) recently published guidance on transfer pricing policies and clarified the application of the arm’s length principle. It also underscored the compliance challenges faced by MNEs.
With the changing tides, businesses must make sound management decisions to navigate transfer pricing consequences. Furthermore, business and tax authorities must be thorough in assessing pricing arrangement adjustments to mitigate potential tax disputes.
Listen as transfer pricing experts Shaun T. MacIsaac Q.C. (PMR Law) and Anna Soubbotina (Charles River Associates) examine the latest trends and updates in transfer pricing. Speakers will present common transfer pricing issues and tax challenges companies face today. They will also offer best practices in documentation and calculation amid the COVID-19 pandemic.
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