BDO Transfer Pricing News Issue 39 - June 2022

BDO Transfer Pricing Newsletter focuses on recent developments in the field of transfer pricing and features interesting developments in various countries around the world, including changes in legislation and important court rulings.

In this issue:

• BRAZIL - Tax authorities unveil plan to align Brazil's transfer pricing rules to international standard
• CZECH REPUBLIC - Impact of new Transfer Pricing Guidelines
• EUROPEAN UNION / UNITED KINGDOM - No agreement on compromise text of directive to implement 15% minimum tax and UK defers implementation of Pillar Two
• INTERNATIONAL - Transfer pricing bytes
• OECD - OECD Pillar One tax rules pushed back to 2024 as technical work continues
• RETHINK - TRANSFER PRICING -  The transfer pricing lifecycle: A holistic approach
• SOUTH AFRICA - Draft interpretation note on intragroup financial arrangements issued for public comment
• SPAIN - 2022 tax audit plan and CbC reporting findings released
• UNITED KINGDOM - HMRC’s transfer pricing and diverted profits tax statistics – a view on results and indicators
• UNITED STATES - Customs duty refunds on transfer pricing adjustments
• UNITED STATES - Differences between transfer pricing and financial reporting valuations