COVID-19 impact – how to approach 2020 transfer pricing analysis

This webinar aimed at providing information and raising awareness of challenges and risks from the transfer pricing perspective that may arise in 2020 as a result of adverse effects of the pandemic on business and financial performance and outline possible solutions.

The COVID-19 pandemic has significantly impacted the current environment with every single aspect of our lives constantly changing.

Whilst no one could have predicted the business and economic impact of the pandemic, many companies need to deal with the year 2020 tax and transfer pricing implications of the pandemic. Given that it is difficult to predict the impact that the pandemic may have on business operations in the year 2021 and later years this further emphasizes the importance of the transfer pricing implications being determined and promptly addressed in order to minimize potential negative tax consequences in 2020 and later years.

Topics that were discussed:

  • How to prepare transfer pricing study for 2020
  • Is it necessary to prepare new benchmarking analyses for 2020
  • Is it necessary to revisit exiting functional analyses
  • How to prepare industry analysis for 2020
  • Do agreements with related parties provide for transfer pricing adjustments
  • Is existing supporting documentation adequate in circumstances
  • Interests rate on related party loans in 2020
  • OECD Transfer pricing guidelines for multinational companies and tax authorities and Manual on inspection of transfer prices (08/2019)
  • Practical experiences and other news

The webinar was held by Tomislav Borošak, Director in the tax department, KPMG Croatia and Marin Grubić, Assistant Manager in the tax department, KPMG Croatia.

The recording of the webinar is available on the link.

  • October 15, 2020
  • 13:00h - 14:00h
  • Webinar
Sold out
Program
  • 13:00 – 13:05 Introduction
  • 13:05 – 13:45 Presentation
  • 13:45 – 14:00 Questions and Answers

Join AmCham

Join the leading international business community in Croatia.

Since 1998, AmCham Croatia represents business interests of American, international as well as Croatian companies. With 326 members, employing over 95.000 people, we are the voice of international business in Croatia. We are the first choice of international companies for policy advocacy in Croatia.

Join us now