KPMG report: Bolster the resilience of the transfer pricing model (COVID-19)
Bolster the resilience of the transfer pricing model
There are certain key areas of focus and a number of possible helpful tools for multinational groups as they consider necessary changes for their transfer pricing model in the wake of the coronavirus (COVID-19) pandemic.
Multinationals’ transfer pricing policies have been impacted by measures taken to protect people during the pandemic, and now multinational groups need to evaluate the following action steps:
- Consider profit split models
- Investigate available remedies
- Consider the ramifications
- Anticipate an audit
- Review payment structures
- Expect tracking of impacted groups
- Stress-test the desired model
- Put things into perspective
Read a May 2020 report [PDF 1.4 MB] prepared by the KPMG member firm in Belgium
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