Tax Breaking News : January 2021
Guidance on the transfer pricing implications of the COVID-19 pandemic (Covid Guidance)
Guidance on the transfer pricing implications of the COVID-19 pandemic (Covid Guidance)
15 January 2021
Consistent with our commitment to keep you updated on the most significant tax developments, we summarize below the “Guidance on the transfer pricing implications of the COVID-19 pandemic”, released by the Organization for Economic Co-operation and Development (OECD), on 18th December 2020.
In this edition (Download PDF, 420 KB )
We cover the four priority areas in which the OECD Guidance focuses where the challenges posed by COVID-19 are most significant:
- Comparability Analysis
- Losses and the allocation of COVID-19 specific costs
- Government assistance programs
- Advance Pricing Agreements (APAs)
