The new chapter is the first OECD guidance on transfer pricing for financial transactions issued in final form and will be the main reference point for pricing and auditing related party financial transactions in most countries going forwards.
Loan, guarantee and cash pool policies that Swiss groups apply across their international operations should be reviewed and updated to ensure compliance with the new guidance.
Amongst the highlights of the new OECD chapter:
Related topic: The 2020 Swiss safe harbour interest rates were published last week. Click here for more information.
Key take-aways:
David McDonald
Michalis Louca
Gilia Brault
Senior Manager, Transfer Pricing and Value Chain Transformation, PwC Switzerland
+41 58 792 9690
Etienne Michaud
Senior Manager, Transfer Pricing and Value Chain Transformation, PwC Switzerland
+41 58 792 96 70