In a situation where established supply chains are being disrupted and countries are exerting intense economic pressure on each other, the flow of goods and services needs to find new routes.
The Caucasus region is attracting business interest given the new geopolitical situation. Some of the region's countries are already active economic participants internationally, while others play a more evolving role. Nevertheless, the region is attracting a great deal of attention, and there is rapid growth in the number of new companies being created.
Multinational organizations are legally entitled to use transfer pricing to allocate profits between subsidiaries and affiliates that are part of the parent company. However, it is sometimes difficult to align global and local tax interests and control mechanisms.
In a context where such transactions are multiplying, transfer pricing, as well as certain aspects of corporate taxation of profits from intra-group services and sales of goods are extremely relevant topics for international corporations.
In this webinar, our experts will shed light on the following points:
1. Control over transfer pricing (TP) in the Caucasus:
2. Subject of TP control: parties and deals
3. Balance of risks and efforts considering local compliance requirements
4. Potential issues in the process of administration and as a result of mispricing