What actions need to be taken 'now' to limit the risk of future transfer pricing challenges related to the impact of Covid-19 on your transfer pricing policies?
The end of a very exceptional year is approaching and we are all still facing the impact of the second Covid-19 wave. Enterprises need to take a position, based on their insights obtained so far, on how to reflect the impact of Covid-19 on their 2020 transfer pricing policies.
Since the impact is different for each business, no ‘one fits all’ answer or solution is available. Anyhow, it is sure that a robust analysis and a well-motivated documentation of the position taken will be essential to defend it towards the Belgian and foreign tax authorities during future transfer pricing audits.
The Grant Thornton transfer pricing team would like to invite you to our Transfer Pricing 2020 webinar on 10 December. Our experts Leslie Van den Branden and Elke Verreet will be happy to give you an insight in the actions to be taken and the available options and related risks. They will explain how tax authorities will react and how you can prepare yourself in the best possible way, whatever position you take.
Our approach is very practical: you will learn very specifically what you need to know and, above all, what you need to do in order to be able to prepare optimally, and therefore limit the risk of future transfer pricing challenges related to the impact of Covid-19 on your transfer pricing policies.
At the end of the session there is room for questions and answers.
09:30 - 10:20
- Impact of Covid-19 on your transfer pricing policy: assessment & actions to be taken
- Recent experiences during Belgian transfer pricing audits
10:20 - 10:30