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By Michal STEPIEN, Director and Cristina BLINDU, Senior Manager at Deloitte Tax Consulting Luxembourg
A LIRE OU A RELIRE - Article publié dans le mensuel de JANVIER 2023
The current macroeconomic landscape and financial market volatility push multinationals and investment funds to find alternative sources of cheap(er) liquidity, such as accelerating repayments through short-term upstream and parallel loans and providing financial guarantees to reduce funding costs. Such liquidity management has an impact on the transfer pricing policies adopted by market players, and must be carefully analyzed in view of a developing transfer pricing practice.
Interest rates rose steadily in the market...
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