Welcome to this issue of Moore Global’s Transfer Pricing Brief, with a special focus on the Latin American Region.

Unfortunately, COVID-19 is an unavoidable part of daily life today. The virus is causing restrictions in just about every area of life and many companies are facing massive challenges. This includes but is not limited to overcoming disruption of supply chains, curtailment of operations and corresponding reductions in output.

The higher emission targets under the European Union’s (EU) Green Deal put great pressure on the economy, especially its energy- and resource-intensive industries. Companies face the challenge of setting themselves up as sustainable, future-proof and attractive investment projects.

Welcome to this issue of Moore Global’s Transfer Pricing Brief. This is Issue No 4 of 2020, the year that will forever be remembered for the devastating worldwide coronavirus (COVID-19) pandemic.

Welcome to this, Issue No 3 of 2020 of Moore’s Transfer Pricing Brief. This issue has a wholly North American flavour.

The Pillar One and Two blueprints (BEPS 2.0) following a meeting of the OECD-led coalition of 137 countries, was released last week.

Contrary to expectations, there was no agreement on either blueprint by the Inclusive Framework members and it is now expected that consensus could be achieved by mid-2021.

Transfer pricing policies are a critical part of any business and need to reflect the current or future economic reality. The challenge is keeping transfer pricing policies up to date and relevant.

The OECD’s Base Erosion and Profit Shifting (BEPS) effort has resulted in many changes in global transfer pricing systems. Click to read more

It seems today as if the whole world is dominated by the COVID-19 pandemic. In their battle against the virus, governments are spending huge amounts of money on health care, in supporting their people and trying to relaunch the local economy. We can expect that in the near future, the same authorities will look for new revenues to offset these expenditures: more than ever, they will compete for a fair share of national income tax on the worldwide profits of multinational enterprises (MNEs).

Read the latest European Transfer Pricing brief from our global leaders

Moore Global appreciates the work that has been carried out by the OECD in this area to date and welcomes the opportunity to provide its comments and views on the complex area presented. 

New Concepts, Lack of Adequate Institutional Procedures