January 9, 2024
The 2024 EY International Tax and Transfer Pricing Survey
The 2024 EY International Tax and Transfer Pricing Survey finds businesses need a robust transfer pricing policy to manage new risks. According to the survey, concerns about double taxation resulting from global tax reform are fundamentally transforming the way businesses think about transfer pricing (TP) certainty and their operational TP needs. An overwhelming majority of respondents say they face a moderate or significant risk of double taxation related to the Organisation for Economic Co-operation and Development (OECD) Inclusive Framework on Base Erosion and Profit Shifting (BEPS) project, which introduces various new tax regimes under Pillar Two, including a new global minimum tax of at least 15% for multinational enterprises. In addition, the survey shows that the concern about double taxation, broader tax and legislative change and business volatility are driving TP change within organizations in many important ways. Learn more about the survey results here.