Global Transfer Pricing Policy:
Where it’s headed and why documentation is best managed in-house with ONESOURCE
Live Event Date: July 8, 2021
Live Event Time: 9:00am CST/3:00pm BST
Hosted by Thomson Reuters
For businesses operating across borders, complying with varied transfer pricing regulations has become ever-more challenging task.
The looming eventuality of BEPS 2.0, UN Article 12B and the recent agreement between the G7 advanced economies to reform the global tax system are likely to present new challenges. Businesses can expect increased scrutiny as governments look for new ways to gain revenue since the COVID-19 pandemic. This push has gained new velocity in recent months due to proposals from U.S. President Joe Biden’s new administration.
Proposed changes will demand consideration from the taxpayers’ existing approach to producing transfer pricing documentation reports and whether it’s adaptable enough to evolve with policies that are ever-changing across the globe.
It’s essential to be well-equipped to cope with a new pattern of multipolarity which has emerged across tax regimes and avoid the risk of non-compliance.
During this webinar, Hafiz Choudhury of The M Group Inc. and Regal Analytics, will explore where we are now, how transfer pricing regulations are likely to evolve in the coming years and how these will lead to increased pressure on transfer pricing documentation. Thomson Reuters solution consultant Jenny Bluvshteyn will demonstrate how the new ONESOURCE Transfer Pricing Documenter helps businesses to stay in control in a cost-efficient way.
This 45-minute webinar will cover:
- The state of the global transfer pricing documentation regulatory landscape today
- The likely evolution of the requirements and how to interpret OECD guidelines
- Common challenges faced by transfer pricing teams and how to address them
- Why an automated approach with complete control is a suitable long-term solution
- Tips on how to take ownership of the process and manage it in-house
- Your live questions via online chat