Developed and implemented a sustainable global documentation approach and process for a global hotel chain, including initial risk assessment, remediation of potential transfer pricing policy inconsistencies, and preparation of US, OECD, and local country transfer pricing documentation reports. Prior to the project, the company did not have documentation in place.
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...