TP and credit ratings: The impact of passive association

August 29 2019

The lack of guidance on the impact of passive association on a stand-alone credit profile (SACP) leads to uncertainty in transfer pricing (TP) analyses for multinational corporations.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

Poland Portugal Philippines Qatar United States Paraguay Peru Pakistan Panama Slovenia South Africa Singapore Slovak Republic Argentina Australia Romania Albania Russia Serbia Mauritius Mexico Mongolia Montenegro Malta Malaysia Nigeria News New Zealand Norway Myanmar Netherlands Latvia Laos Lithuania Luxembourg Liechtenstein Kenya Israel Italy Jersey Japan Global North Macedonia Gibraltar Greece Georgia Germany Guernsey Gulf Cooperation Council Hong Kong SAR India Indonesia Hungary Ireland Iraq Curaçao Transfer Pricing Chile Croatia China Colombia France Denmark Ecuador Cyprus Czech Republic European Union Finland Egypt Estonia Tunisia Barbados Thailand Belgium Austria Spain South Korea Switzerland Taiwan Sweden Bahamas Venezuela Canada Vietnam Cayman Islands Bolivia Bosnia and Herzegovina Turkey United Arab Emirates Bermuda Bulgaria Cambodia Uruguay United Kingdom Brazil Ukraine Africa Asia-Pacific Europe Latin America and Caribbean Middle East North America Central America Jurisdictions

more across site & shared bottom lb ros

More from across our site

Transfer Pricing

Experts question whether UK TP proposal is ‘absolutely necessary’

The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent scrutinising larger entities

Sam Sholli, July 09 2025

Transfer Pricing

raphael holzinger resized.jpg

‘Coffee is the only constant’: Raphael Holzinger on the pressures of his practice

Grant Thornton’s Austria tax head likens his practice to an escape room, shares his football coaching ambitions, and explains why tax is cool

July 09 2025

Awards

ITR EMEA Tax Awards 2025 4c@4x.png

ITR EMEA Tax Awards 2025: shortlist announced

ITR is delighted to reveal all the shortlisted nominees for the 2025 EMEA Tax Awards

John Harrison, July 08 2025

Awards

ITR APAC Tax Awards 2025: shortlist announced

ITR is delighted to reveal all the shortlisted nominees for the 2025 Asia-Pacific Tax Awards

John Harrison, July 08 2025

Direct Tax

G7 flags

Opinion: G7’s pillar two capitulation proves US power always wins

The fates of pillars one and two hang in the balance after the US successfully threw its weight around in G7 and Canadian negotiations

Tom Baker, July 07 2025

Direct Tax

rafael tena resized.jpg

Mexican tax firm founder ‘won’t sacrifice quality for size’

Rafael Tena tells ITR about the ‘crazy’ Mexican market, ditching the hourly rate, and refusing to grow his fledgling firm in an ‘unstructured way’

Tom Baker, July 07 2025

Direct Tax

UK Cost Transparency Troubles (1).png

UK tax adviser ‘shocked’ at in-house costs criticism

It should be easy for advisers to be transparent about costs, Brown Rudnick partner Matthew Sharp said in response to exclusive ITR in-house data

Tom Baker, July 04 2025

Direct Tax

1024px-Donald_Trump_(53911666084).jpg

This week in tax: Donald Trump’s ‘big beautiful’ tax bill narrowly gets through Congress

The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure

Sam Sholli, July 04 2025

Direct Tax

France business handshake

French Finance Act 2025: Major tax reform for management packages

New French legislation should create a more consistent legal environment for taxing gains from management packages, say Bruno Knadjian and Sylvain Piémont of Herbert Smith Freehills Kramer

Bruno Knadjian , July 03 2025

Transfer Pricing

Grocery store

‘TP litigation here to stay’: experts dissect South Africa ruling

The South Africa vs SC ruling may embolden the tax authority to take a more aggressive approach to TP assessments, an adviser tells ITR

Sam Sholli, July 02 2025