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September 1, 2020
2020-2158

EY's 2019-20 Worldwide Transfer Pricing Guide now available

The EY Worldwide Transfer Pricing Reference Guide 2019-20, attached below, is a publication designed to help international tax executives identify transfer pricing rules, practices and approaches. These must be understood for a company to carry out both transfer pricing compliance and planning activities in the base erosion and profit shifting (BEPS) era. The information included in the EY Worldwide Transfer Pricing Global Reference Guide 2019-20 covers 134 jurisdictions. It is meant to provide an overview for the covered jurisdictions regarding their transfer pricing tax laws, regulations and rulings; Organisation for Economic Co-operation and Development (OECD) Guidelines treatment; documentation requirements; transfer pricing returns and related-party disclosures; transfer pricing documentation and disclosure timelines; BEPS Action 13 requirements; transfer pricing methods; benchmarking requirements; transfer pricing penalties and relief from penalties; statutes of limitations on transfer pricing assessments; likelihood of transfer pricing scrutiny and related audits by the tax authorities; and opportunities for advance pricing agreements (APAs).

The content for the EY Worldwide Transfer Pricing Reference Guide 2019-20 is updated as of April 2020. Please note - this publication does not include the COVID-19 related tax regulatory changes that have happened since April 2020. The EY COVID-19 Transfer Pricing Tracker (see EY Tax Alert 2020-1400) provides a snapshot of the tax regulatory changes that have been announced in the countries around the world in response to the ongoing crisis.

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EY 2019-20 Worldwide Transfer Pricing Guide

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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