Transfer Pricing impact on intellectual property
Learning Centre • Videos & Webinars • Covid 19 Series • Transfer Pricing impact on intellectual property
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Learning Centre • Videos & Webinars • Covid 19 Series • Transfer Pricing impact on intellectual property
The introduction of corporate taxes in Gulf States countries means that TP rules have gained importance in the region, and approaches taken in Southeast Asia.
Misalignments with regulations, discrepancies in data, and evolving interpretations of arm's length principles can all trigger disputes, potentially leading to significant financial implications.
The ATO has tightened CbC reporting rules for MNEs, effective January 1, 2025, significantly increasing compliance costs and obligations. Key changes include the elimination of most self-assessed exemptions, requiring formal requests with detailed evidence, and reduced administrative relief for local file reporting.
