The coronavirus (COVID-19) pandemic has had a significant impact on financial markets, as bond yields spiked and primary issuances slowed to a crawl during March 2020.
While markets have since recovered somewhat, the impact on the quantum of supportable intercompany debt, as well as loan terms and interest rates, is likely to be with us for some time.
Read a May 2020 report [PDF 116 KB] prepared by KPMG LLP: What’s News in Tax: COVID-19 Transfer Pricing Implications for Intercompany Loans
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