Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 30 DECEMBER 2020

OECD Releases Helpful New Guidance On Transfer Pricing During The Pandemic

Arendt & Medernach
Arendt & Medernach
Contributor
Arendt & Medernach

Arendt & Medernach

About Arendt - your legal, tax and business services firm in Luxembourg Arendt combines the entire...

View firm profile
Explore more from Arendt & Medernach

On 18 December 2020, the OECD published its much-anticipated "Guidance on the Transfer Pricing Implications of the COVID-19 Pandemic".

LuxembourgTax
Alain Goebel
Alain Goebel
Danny Beeton
Danny Beeton
Benjamin Tempelaere
Benjamin Tempelaere
Alexandre Maschiella
Alexandre Maschiella
Author LinkedIn connections

On 18 December 2020, the OECD published its much-anticipated "Guidance on the Transfer Pricing Implications of the COVID-19 Pandemic".

It is clear that government restrictions and trading difficulties have created an environment in which existing transfer pricing policies will not always be appropriate. The OECD has done well to reach rapid consensus among its members on four key transfer pricing topics, namely: comparability analysis, losses and the allocation of COVID-19-specific costs, government assistance programmes and advance pricing agreements (APAs). It is hoped that taxpayers and tax administrations will be able to apply this guidance and circumvent the increase in disputes that would otherwise emerge.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

EU Tax Omnibus Package: Key Changes For Europe And Luxembourg

The European Commission's Omnibus proposal seeks to fundamentally reshape the EU's direct taxation framework by removing shareholding thresholds for dividend exemptions, eliminating prior authorization procedures, and harmonizing interest limitation rules across member states. This comprehensive reform promises to streamline cross-border investment structures while raising critical questions about the treatment of alternative investment funds and pension institutions under the new regime.
LuxembourgTax
CMS Luxembourg
CMS Luxembourg
Article

Luxembourg’s 2027 Budget Bill Proposes Corporate Tax Cuts And Changes To Capital Gains And Loss Carryforwards

Luxembourg's proposed 2027 budget law introduces significant corporate tax reforms, including a 1% reduction in corporate income tax rates that would lower the maximum aggregate tax burden in Luxembourg City to 22.80%. The Bill also extends the holding period for speculative gains on movable assets from six to twelve months and eliminates the 17-year limit on tax loss carryforwards, measures designed to enhance Luxembourg's competitiveness while encouraging longer-term investment strategies.
LuxembourgTax
Goodwin Procter LLP
Goodwin Procter LLP
Article

Luxembourg Budget 2027: Key Tax Measures For Businesses

Luxembourg's Finance Minister has unveiled a draft budget for 2027 that includes significant tax reforms affecting businesses and investors. The proposed changes include a reduction in corporate income tax rates, the removal of time limits on loss carryforwards, and enhanced investment tax credits for digitalisation and green projects. However, the extension of the speculation period for capital gains from six to twelve months will require careful consideration by fund managers and investors planning asset
LuxembourgTax
BUREN
BUREN
Article

Luxembourg Budget 2027: Lower Corporate Tax Rates And Key Changes For Businesses And Investors

Luxembourg's 2027 State Budget introduces significant tax reforms designed to enhance the country's competitive position. The proposed changes include reduced corporate income tax rates, enhanced investment credits for digital and ecological projects, and the elimination of time limits on tax loss carryforwards. These measures, pending legislative approval, would fundamentally alter the tax landscape for businesses and investors operating in Luxembourg.
LuxembourgTax
Tiberghien
Tiberghien