Transfer pricing is increasingly influencing significant changes in tax legislation around the world. This 34th issue of BDO’s Transfer Pricing Newsletter focuses on recent developments on an international level regarding OECD Guidance on financial transactions and on a country level in Australia, Belgium, China, Ecuador, and Saudi Arabia. You can also follow the latest development from Canada regarding Cameco’s transfer pricing dispute involving a Swiss subsidiary in a recent article, first published on MNE Tax, by Warren Novis and Therese Garcia, our expert members of BDO’s Global Transfer Pricing Services in Ireland and Canada. As you can read, major changes in legislation, case law and guidance have been made and will be made in the coming period, with interesting developments in various countries around the world.
We are very pleased to bring you this issue of BDO’s Transfer Pricing News, which we were able to produce in close co-operation with our colleagues from the above-mentioned countries. We trust that you will find it useful and informative. If you would like more information on any of the items featured, or would like to discuss their implications for your business, please contact the person named under the item(s). The material discussed in this newsletter is intended to provide general information only, and should not be acted upon without first obtaining professional advice tailored to your particular needs.
As individuals and businesses cope with converging effects of COVID-19 and its economic fallout, they must rethink their strategies to prepare for and adapt to new global tax challenges. BDO is launching a transfer pricing webinar series that will highlight timely updates with interactive discussions from our global transfer pricing leaders. We invite you to register for the webinars on the following dates and times: