In this webinar, Taxand Cyprus presented the recent TP developments in Cyprus, provided an update on TP financial transactions focusing on intra-group loans and discussed the importance of transfer pricing substance.
Guest speaker, Matt Andrew, Senior Tax Advisor for the OECD discussed the OECD’s ongoing work on Digitalisation: The unified approach & recent guidance relating to transfer pricing implications of the COVID-19 pandemic. The guidance provides practical guidance in applying the TPG in these extreme economic circumstances created by COVID-19.
Matt Andrew is the Head of Tax Treaty, Transfer Pricing and Financial Transactions Division, OECD, France. He is a Senior Tax Advisor for the OECD (Centre for Tax Policy and Administration), leading the Tax Treaty, Transfer Pricing and Financial Transactions division. He leads the development of tax policy in relation to the digitalisation of the economy – specifically in relation to Pillar One. Previously he had been an International Tax and Transfer Pricing Partner for 14 years in a Big Four firm, with 22 years as a transfer pricing specialist. In this time he worked as a transfer pricing partner for EY in New Zealand, Australia, Singapore and the US.