Recent Developments in Transfer Pricing, including the Impact of COVID-19 Webinar (1 Hour)

Overview: 

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 session 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

Objective: 

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

 

Emphasis: 
  • 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

     

Bottom
Prerequisite: 

Basic knowledge of federal taxation and some level of international taxation.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
1.00
NASBA Field of Study: 
Taxes