In the aftermath of BEPS, and the outbreak of COVID-19, dramatic changes to worldwide transfer-pricing legislation have made old plans obsolete. Each jurisdiction follows a specific set of transfer pricing regulations and guidelines, which are enforced by the local taxing authority. This insightful self-study webinar provides an overview of current rules, and covers:
- Methods of transaction pricing
- Digital economy
- OECD financial transactions guidance
- Transfer pricing impacts due to COVID-19
To provide accountants and tax professionals with a detailed overview of legislation changes affecting cross-border tax planning and transfer pricing, and the impact of COVID-19.
SPEAKERS:
Andrea Adler, Director, Valentiam Group
Allison Speck, Associate, Valentiam Group
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Transfer Pricing Overview
– Definition of transfer pricing
– OECD guidelines -
Digital Economy
– Inclusive BEPS framework
– Tax challenges of digitalized economy
– Current international tax rules
– Unilateral measures
– Interim report and policy note -
COVID-19
– OECD guidance
– Comparability analysis
– Losses and costs
– Government assistance programs
– Advance pricing agreements -
Benchmarking
– Process
– Regional differences
– Standard Industrial Classification (SIC) -
Services Deeper Dive
– Regulations
– Activities and benefits
– Cost Method
– Determining profit element
• Understand the risks associated with transfer pricing
• Comprehend the arm’s length principle in transfer pricing
• Recognize the role of country-by-country (CbC) reporting
• Understand key developments in global transfer pricing regulations
• Identify the components of DEMPE functions in transfer pricing
• Understand the benefits of robust transfer pricing documentation
• Recognize the relevance of intangible property in transfer pricing
• Understand the role of technology in managing transfer pricing