COVID-19 Impact has been saved
Benchmarking in uncertain times
COVID-19 has challenged everything that was considered normal, including transfer pricing. These times call for innovative, differentiated approach for price setting, owing to the absence of comparables data. To address this need, we are pleased to share a thought leadership framework for advance determination of transfer prices using a multi-pronged approach of adopting econometrics, statistical techniques, and comparability adjustments.
Keynote by Akhilesh Ranjan
Member (Retd.), Central Board of Direct Taxes, India
The unique and large-scale disruptions to the economic environment caused by COVID-19 have severely affected revenues and profits across industry sectors and businesses. Sudden disruptions in supply chains have forced businesses to scale down their operations with a consequent fall in production volumes.