Transfer Pricing Reporting in 2019: Navigating Challenges and Solutions
Transfer pricing reporting remains to be one of the most crucial areas of risk, unprecedented complexity and controversy for multinational companies all over the globe. Recent changes to the international tax system and the variety of intercompany transactions, along with increased global enforcement activities have caused transfer pricing reporting to become a leading risk management issue.
In order to effectively and efficiently deal with all recent developments in the field of transfer pricing reporting, it is of utmost importance to fully understand the underlying transfer pricing reporting provisions, principles, and methodologies as well as their practical application.
Listen as a panel of distinguished professionals organized by The Knowledge Group provide the audience with an overview of Transfer Pricing Reporting in the 2019 landscape. Speakers, among other things, will also offer helpful insights on navigating through challenges and solutions.
This LIVE webcast will discuss the following key provisions:
- Transfer Pricing Reporting in 2019: Local Adoption of OECD Guidance
- Implications of New Reporting Requirements on Audit Risk
- Recent U.S. Transfer Pricing Litigation
- Transfer Pricing Litigation in Australia, Canada, the EU, & Elsewhere
- Key Compliance Guidelines
Precision Economics, LLC
- Overview of Recent Transfer Pricing Disputes Around the World
- Economic Arguments, Comparables Applied, and Judicial Decisions
- Trial Expert Evidence Logistics: Joint Reports, Hot Tubbing, Appeals, Remands, Depositions
- Dynamics for Expert Testimony: Lawyers/Barristers/Solicitors, Duty to the Court, Demonstratives, Hypotheticals
- OECD issued first BEPS report in February 2013
- Identified 15 Action Points
- Responses to Action Points adopted by G20 in November 2015
- OECD has continued to issue more detailed guidance
- Revised technical guidance
- Broaden definition of intangibles
- Caution against one-sided methods
- Current OECD focus
- But is inherently local
Who Should Attend:
- Transfer Pricing Attorneys
- Transfer Pricing
- International Tax Consultants
- Chief Financial Officers
- Financial Management Officers
- Tax Professionals
- Taxation Lawyers
- Multinational Corporations
Dr. Becker, founder of Precision Economics, has served as an expert witness and consultant for more than 25 years. Dr. Becker has provided an opinion in numerous transfer pricing disputes, including Abbott Labs, Boston Scientific, Chevron, CIBC, Coca-Cola, General Electric, GlaxoSmithKline, Glencore, McKesson, Medtronic, Nortel, Pfizer, Ricoh, Roche, and SNF. In intellectual property, commercial damages, international trade, and antitrust matters, Dr. Becker has provided expert reports and testimony involving Exxon, Kodak, Nestle, and Teva Pharmaceuticals. In these and other matters, he has served as an economic expert for multinational companies and the Governments of Australia, Canada, New Zealand, and the United States. Dr. Becker earned his Ph.D. from the Wharton School of the University of Pennsylvania and his B.A. from Johns Hopkins University. He holds Board positions with the Mathematical Association of America and the Gerald R. Ford Presidential Foundation.
Dr. Becker, founder of Precision Economics, has served as an expert witness and consultant for more than 25 years. Dr. …
Dr. Chandler has been actively involved in transfer pricing analysis since the mid-1980s. In the area of controversy, Dr. Chandler has assisted taxpayers at audit and appeals in the United States and other countries, as well as by providing expert testimony in Tax Court. In the areas of planning and compliance, Dr. Chandler has worked on a wide range of international pricing, licensing and cost sharing projects, assisting with initial design, implementation and operation, documentation and defense.
Dr. Chandler has been actively involved in providing comments to the OECD with respect to its transfer pricing guidance and has participated in numerous discussions and trainings of tax authorities with respect to their local implementation of transfer pricing rules.
Prior to joining Valentiam, Dr. Chandler was a lead technical advisor with respect to transfer pricing at KPMG’s Washington National Tax Practice and in support of its Global Transfer Pricing Services. Prior to that, Dr. Chandler was Vice President at Economic Consulting Services Inc., leading its transfer pricing practice. Dr. Chandler received his Ph.D. in Economics from the University of Michigan.
Dr. Chandler has been actively involved in transfer pricing analysis since the mid-1980s. In the area of controversy, Dr. Chandler …
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Method of Presentation:
General knowledge of transfer pricing laws
NY Category of CLE Credit:
Areas of Professional Practice
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About Precision Economics, LLC
Established in 2001, the focus at Precision Economics has been on transfer pricing, valuation, commercial damages, intellectual property, international trade, and antitrust matters. Our economists have testified in a variety of venues; including U.S. Tax Court, the Federal Court of Australia, the Canadian International Trade Tribunal, the U.S. International Trade Commission, and the Tax Court of Canada.
Precision Economics has been engaged by plaintiffs, defendants, investors, and multinational companies. In addition, the Governments of Australia, Canada, New Zealand, and the United States have engaged Precision Economics on more than 50 assignments. Some of these assignments have included the valuations of brand names, patents and technology, trade secrets, privately held companies, interest rates on derivative debt, discounts for factoring receivables, executive compensation, solvency, film rights for books, flotation costs, and foreclosure losses.
About Valentiam Group
Valentiam Group is an innovative boutique professional services firm with locations across the US. Our name originates from the Latin phrase "ad valentiam" meaning "to the value.” Our team is comprised of professionals with extensive experience and educational experiences. We focus primarily on helping tax advisors determine an arm’s-length price of intercompany sales transactions and the fair market value of assets for federal, state, and local tax purposes. Our work entails both domestic and cross-border transactions.