Transfer Pricing Developments around the World 2019-2020

Abstract

This article highlights key points discussed during the fifth Global Transfer Pricing Conference, “Transfer Pricing Developments around the World 2020”, organized by the Transfer Pricing Center at WU Vienna University of Economics and Business, Institute for Austrian and International Tax Law, and summarizes the topics analysed during the eight sessions of the event.

This article presents the key points discussed during the conference and summarizes the topics that were analysed during the eight sessions of the event. The conference started with an introductory session on global transfer pricing developments, which included the most important amendments in the regulatory concepts, as well as significant case law (see section 2.). The next part of the conference dealt with regional developments in the European Union (see section 3.1.), the United States (see section 3.2.) and developing countries and emerging economies (see section 3.3.). The second day of the conference focused on topical issues, in particular, challenges arising from the digitalization of the economy in relation to new nexus rules (see section 4.1.) and new profit allocation rules (see section 4.2.), intra-group financing (see section 4.3.) and the use of new technologies for transfer pricing analyses (see section 4.4.).

Keywords: Transfer Pricing, Global developments, intra-group financing, digitalisation, use of new technologies, TP case law

JEL Classification: K33, K34