How should companies manage their transfer pricing through the COVID-19 pandemic?

COVID-19 has placed unprecedented strain on businesses and this has directly impacted on their global transfer pricing (TP) models that are not designed with pandemics in mind. While some tactical TP options can be considered to complement a company’s overall COVID-19 strategy, the implementation of this within Asia-Pacific can create challenges. 

Marked differences in interpretation and application of the Organisation for Economic Co-operation and Development’s (OECD’s) Transfer Pricing Guidelines across jurisdictions, makes a consistent TP approach difficult. And even if a common solution can be agreed, further frustration can come from competing customs and Value Added Tax (VAT)/Goods and Services Tax (GST) implications. These issues can be costly and may erase any benefits that TP tries to achieve in aiding a company’s COVID-19 strategy.   

In this webcast, we will explore these challenges and discuss potential options available to companies to manage transfer pricing, customs and indirect tax holistically; and to reduce negative impacts in a cash-focused COVID-19 environment.  

Join our webcast with EY Transfer Pricing and Indirect Tax presenters who will share their insights on: 

• The common transfer pricing issues affecting companies during this pandemic period
• Considerations that companies should think of when implementing within their COVID-19 strategic plan
• How certain tax authorities in Asia-Pacific are dealing with TP issues
• The customs and indirect tax implications that can conflict with TP objectives
• How should companies prepare for potential post-COVID-19 tax controversy

Date: Wednesday, 3 June 2020

Time: 10:00 am – 11:15 am (Beijing / Hong Kong / Perth / Singapore / Manila / Kuala Lumpur) 

           11:00 am – 12:15 pm (Seoul /Tokyo) 

           12:00 pm – 1:15 pm (Sydney)

Registration: Register for this event.

How to join the webcast 

You can register for the session via the link above. The registration requires a user self-defined password.

Afterwards, you will receive an email with the final steps in completing the registration. The registration must be fully completed before you can participate in the webcast. We recommend using Google Chrome as your preferred internet browser. 

Listen to the presentation 

The webcast audio will be transmitted via the internet, so please ensure your sound is switched on and consider using a headset. 

Join via mobile devices 

You can attend and get involved in the webcast using your smartphone or tablet. The experience will be similar to what you would see using a laptop.