Transfer pricing precautions you need to take if the euro breaks up
January 24, 2012
Sophie Ashley
Whether the euro breaks-up or whether the EU can hold it together, taxpayers should be aware of the implications a break-up would have on their transfer pricing arrangements.
This year is being viewed as make or break for the currency, with a number of countries (including France, Greece and Italy) having their credit rating downgraded and the real risk that either the currency could break-up entirely or some countries, at least, could exit altogether. This will impact multinational entities’ (MNE) transfer pricing arrangements with affected countries.
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