Deloitte’s TP controversy guide: Prevention and resolution
International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX
Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Deloitte’s TP controversy guide: Prevention and resolution

tpc2022-00.jpg

ITR has partnered with global TP leaders from Deloitte to discuss transfer pricing controversy around the globe, and to share advice on how to navigate an increasingly uncertain and risky TP landscape.

Click here to read Deloitte's TP controversy guide 2022.

The initial impact of the COVID-19 pandemic on multinational enterprises (MNEs) may have eased, but it is still far from smooth sailing for companies. Disruptions to supply chains, desperate demand for labour, and the resulting shortages of particular pieces or products have continued, while the Russia–Ukraine war and a global energy crisis add to the turbulence.

In this landscape, MNEs are finding it increasingly difficult to protect their TP strategies from the audits that tax authorities have started to resume. Mutual agreement procedures (MAPs) and advance pricing agreements (APAs) play their part in reducing uncertainty, but backlogs are affecting MNEs’ access to these options.

Meanwhile, tax authorities continue to benefit from increased access to company data, which puts MNEs under growing pressure to ensure there are no flaws in their strategies or data.

In light of this uncertainty, Deloitte’s transfer pricing experts share their advice on the following topics:

In an uncertain environment, Deloitte’s insights can help in-house tax managers at MNEs to navigate the risks and maximise any opportunities for their company that have arisen from recent changes to the TP landscape.

Click here to read Deloitte's TP controversy guide 2022.

more across site & bottom lb ros

More from across our site

It comes despite an offshore enabler penalty existing in the UK throughout the entire period
It is extraordinary that tax advisers in the UK can offer their services without having to join a professional body. This looks like it is coming to an end, Ralph Cunningham writes
Meet the esteemed judges who are assessing the first-ever Social Impact Awards
The ‘big four’ firm has also vowed to spend more on nurturing junior talent; in other news, Blick Rothenberg has hired a pair of tax partners
However, making APAs harder to reach could ‘pose problems’ for UK businesses
Microsoft's director of benefits taxation tells ITR about having no normal days, family inspiration and what makes tax cool
The 61-year-old has run the firm’s UK business since 2020
The report, which again demanded PwC release more information related to the scandal, 'did not go far enough', Australian Greens Senator Barbara Pocock told ITR
Resources needed to manage new compliance and financial reporting requirements will be significant, BDO also said
Interested parties may submit their comments on proposed bills and the subsidiary legislation by July 5
Gift this article