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Navigating the tax landscape: The Impact of Transfer Pricing on Indirect Taxes

In the evolving tax landscape, staying updated with developments is critical for compliance. With the UAE Corporate Tax regime and international developments like Pillar 1 and Pillar 2, Transfer Pricing is rapidly evolving. Businesses are assessing the impact of Corporate Tax and Transfer Pricing on intra-group transactions and moving into the design and implementation stages. An integrated tax approach between Transfer Pricing, VAT, and Customs is crucial for compliance and best practices. Topics include centralized business models, VAT and customs impacts from Transfer Pricing adjustments, and customs implications from intercompany royalty payments.

Source PwC

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