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mardi 22 juin 2021
Tous les titres

 

Fax du mardi 22 juin 2021 - Tous les titres

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Latest transfer pricing challenges in the financial services industry

By Nicolas GILET, Partner, Tax Francesca MICHIELIN, Senior Manager | ITTS - Financial Services Transfer Pricing, EY Luxembourg   The financial services industry in the last year has been heavily impacted by two main transfer pricing challenges: the COVID-19 pandemic and the Interbank Offered Rates (IBORs) transition. Those changes could impact the tax position of multinationals in the financial industry since they are likely to drive tax controversy across jurisdictions in the next years.   IBOR reform   The financial services industry is facing an unprecedented contract review and repapering exercise due to the regulatory mandate to transition away from Interbank Offered Rates (IBORs) to alternative Risk...
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