The WU Global Transfer Pricing conference 2021 was held on February 15-18, 2021 – due to the Corona pandemic in an online mode.
Various topics on transfer pricing have been covered throughout the conference such as developments around global regions (world, developing countries, emerging economies, USA, Europe) as well as certain highlights such as the interdependency between digitalization and corporate taxation as well as the COVID-19 pandemic and the arm’s length transfer pricing (and income allocation).
Interestingly, the conference was established with its session 7 on “Recent Developments on Transfer Pricing and Simplification Measures” – an issue on transfer pricing which GTP® has posed for many years to make transfer pricing more straightforward and achievable by international mid-sized groups.
Also, the TP conferences’ session 8 on Dispute Resolutions in the field of transfer pricing is interesting with regard to traditional and new models of struggling through the densely tightened jungle of international tax audits, double taxation relief and advance pricing agreements. In particular, at the horizon one can see the vehicle of cooperation between tax authorities and taxpayers, the International Compliance Assurance Program (ICAP), pronounced as a promising mechanism to executive multi-jurisdictional tax audits.
You may wish to contact the organizers of the conference at Global Transfer Pricing conference for handouts and conference material; see also the Transfer Pricing Center at WU.
For practitioner information and solutions on how to resolve your transfer pricing case, contact us: