Designed, implemented, documented, and defended intercompany prices for a multinational consumer products company based in the US, including the appropriate royalty for the use of intangible property, tangible property transfers, and compensation for intercompany services. Also provided ongoing coordination of advice with international tax support provided by outside advisors.
OECD issues guidance on transfer pricing implications of COVID-19
The Guidance is not prescriptive and leaves solutions to the issues that it raises unanswered. We note that the Guidance is not binding on tax administrations...