Methodologies may have to change during recession
May 27, 2009
In unprecedented economic times for transfer pricing, some commentators believe that existing transfer pricing models need to change to deal with the situation.
“This is the first time we’ve had to defend transfer pricing in a sustained downturn,” said Steve Hasson, a partner at PricewaterhouseCoopers in the UK, in a webcast. “Multinational companies should adequately document their transfer pricing positions as previously beneficial transfer pricing structures may now be producing tax inefficiencies.”
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