Netherlands: Transfer pricing consequences of the COVID-19 crisis
Jimmie van der Zwaan 17 Apr 2020
It has become clear now that in all sectors corporate taxpayers will be adversely affected by the Corona pandemic.
It has become clear now that in all sectors corporate taxpayers will be adversely affected by the Corona pandemic.
It affects the global economy and companies face disruptions to their supply chains, which subsequently results in eroding profit margins. Multinational enterprises are likely to see increased scrutiny by local tax authorities in the post-pandemic period, like following the 2008 financial crisis.
In order to develop a contemporaneous audit defence file, MNE’s must assess the potential impact and document as much as possible the transfer pricing positions taken during the pandemic. In this article we will provide an overview of the following attention areas: substance, permanent establishments, TP methods and benchmarks and agreements.
Discover more: Netherlands: Transfer pricing consequences of the COVID-19 crisis
Access our latest COVID-19 information and consolidated report here
For similar content to our Global Guide, subscribe to our mailing list and keep up to date.
