EY Transfer Pricing Roundup

Transfer Pricing in the UK continues to evolve at a rapid pace. Recently we have seen the release of the Guidelines for Compliance, the outcomes of a number of transfer pricing cases, and just this week, a transfer pricing consultation on documentation and an international controlled transactions schedule.

In the middle of all of this, HMRC also released its annual diverted profits tax and advance pricing agreement #APA statistics. Join EY host and EY US Financial Services Transfer Pricing Leader, Jonathan Thompson, returning guest David Baxendale and EY UK Transfer Pricing Director Matthew Bacon, who has recently joined us from HMRC's APA team as they discuss these statistics.

#EY #EYTPRU #UK #TPStatistics

In 2023, the global landscape saw a remarkable surge in the request for Advance Pricing Agreements (APAs), with over 1,100 submissions, alongside more than 2,300 Mutual Agreement Procedures (MAPs). This trend underscores the sustained interest and engagement with various competent authority programs worldwide.

Join us for an insightful discussion hosted by Jonathan Thompson, EY's US Financial Services Transfer Pricing Leader, and Luis Coronado, EY's Global Tax Controversy Leader. Together, we will delve into the key insights from the Organisation for Economic Co-operation and Development's (OECD's) Tax Certainty Day. We will cover the latest statistics on MAPs and APAs, the recipients of the MAP and APA awards, and explore the future trajectory of the tax certainty agenda.

Whether you are currently utilizing the APA/MAP program or contemplating its benefits, this episode promises to be highly informative and valuable. Don't miss out!

#EY #EYTPRU #OECD #APA #MAP

In December 2024, the German Ministry of Finance published the updated administrative principles on transfer pricing. The guidance largely focuses on intercompany financial transactions along with guidance on Amount B.

Given the recent and ongoing changes to the interest rate environment around the world, intercompany financing remains a key topic of interest. This update from Germany only makes transfer pricing for intercompany financial transactions more relevant. On today's episode of the EY Transfer Pricing Roundup, EY host and Financial Services Transfer Pricing leader Jonathan Thompson is joined by EY Germany Partner Andreas Persch to discuss these changes.

#EYTPRU #Germany

2024 was a year of change in transfer pricing in Brazil. The mandatory adoption of OECD-style transfer pricing has led to many questions. Today's episode of the EY Transfer Pricing Roundup includes a discussion between EY Brazil Partner Caio Albino and EY host and Financial Services Transfer Pricing leader Jonathan Thompson to provide an update on the latest developments and the key items to be aware of as in Brazil for 2025 and beyond.

#EYTPRU #Brazil #TransferPricing #OECD

In today's episode, EY Financial Services Transfer Pricing leader and host Jonathan Thompson dives into a key topic in the world of transfer pricing: the Economic Substance #doctrine. This doctrine is a fundamental principle that has been part of U.S. tax law for over 85 years. However, it recently attracted attention when a Senior Internal Revenue Service (#IRS) official confirmed that the IRS can apply the economic substance doctrine to transfer pricing cases.

Jonathan is joined by EY Principal, Kent P. Stackhouse to discuss what this means for transfer pricing and what taxpayers should be considering.

#EYTPRU #TransferPricing

In today's episode, EY Financial Services Transfer Pricing leader and host Jonathan Thompson unpacks the Internal Revenue Service (#IRS) Priority Guidance Plan. This plan, released annually by the U.S. Department of the Treasury and the IRS, outlines the key tax issues that will be addressed through regulations, revenue rulings, procedures, notices, and other forms of published guidance over the next year.

Jonathan is joined by EY's National Transfer Pricing Controversy Leader, Ryan Kelly for his take on the latest priority guidance for transfer pricing, what it means and what #MNEs should be thinking about for 2025.

As the Kingdom of Saudi Arabia continues to diversify its economy and attract foreign investment, understanding the nuances of transfer pricing has never been more important. Join EY Financial Services Transfer Pricing leader and host Jonathan Thompson and EY Partner Wael Tfaily, CFA as they explore the regulatory landscape, discuss the challenges multinational companies face, and provide insights into best practices for compliance in Saudi Arabia. Please take a listen as we unravel the complexities of transfer pricing in one of the world's most dynamic economies.

#TransferPricing #SaudiArabia #EYTPRU

Intercompany Effectiveness, Operational Transfer Pricing (TP), TP implementation: There are lots of terms used to describe all the TP activities beyond planning and documentation. However, what exactly are people referring to? It's fair to say that robust booking, monitoring, controls and governance of TP is increasingly important with tax authorities, stakeholders and prudential regulators increasingly interested in this area of Multinational Enterprise (MNE) groups' organizations.

It was therefore a pleasure to sit down with EY's Intercompany Effectiveness #ICE leaders, Tim Gunning and Matt Gengler as part of our latest EY TP Roundup Mini Series to find out what it means and what you should really be thinking about.

Listen to Part III now.

Intercompany Effectiveness, Operational Transfer Pricing (TP), TP implementation. There are lots of terms used to describe all the TP activities beyond planning and documentation. However, what exactly are people referring to? It's fair to say that robust booking, monitoring, controls and governance of TP is increasingly important with tax authorities, stakeholders and prudential regulators increasingly interested in this area of Multinational Enterprise (MNE) groups' organizations.

It was therefore a pleasure to sit down with EY's Intercompany Effectiveness #ICE leaders, Tim Gunning and Matt Gengler as part of our latest EY TP Roundup Mini Series to find out what it means and what you should really be thinking about.

Listen to Part II now.

Intercompany Effectiveness, Operational Transfer Pricing (TP), TP implementation. There are lots of terms used to describe all the TP activities beyond planning and documentation. However, what exactly are people referring to? It's fair to say that robust booking, monitoring, controls and governance of TP is increasingly important with tax authorities, stakeholders and prudential regulators increasingly interested in this area of Multinational Enterprise (MNE) groups' organizations.

It was therefore a pleasure to sit down with EY's Intercompany Effectiveness #ICE leaders, Tim Gunning and Matt Gengler as part of our latest EY TP Roundup Mini Series to find out what it means and what you should really be thinking about.

Listen to Part I now.