Challenges in Transfer Pricing: a Concept of Safe Harbours for Financial Transactions

• Autorzy: Michal Ištok , Veronika Solilová , Karel Brychta
• Języki publikacji: EN

Abstrakty

EN

The OECD project against BEPS has brought and initiated many changes - among others, in the OECD Transfer Pricing Guidelines. To react and respond to changes in the current business environment, a new chapter for transfer pricing in financial transactions has also been introduced (namely chapter X). This step can be considered beneficial. However, meeting all the requirements for setting a transfer price for financial transactions seems to remain a very demanding and expensive task. Furthermore, the OECD Transfer Pricing Guidelines have been of a general nature rather than providing responses to all potential problems and circumstances - they provide fundamental ideas and principles. Thus, the potential to apply a simplified procedure for setting a transfer price (even for financial transactions) can be viewed as desirable, both for taxpayers and tax authorities. The aim of the paper is linked to this idea - to present the results of a comparative study dealing with the rules for safe harbours for financial transactions (namely loans) as established worldwide, providing a summary of existing concepts and systematized criteria for a safe harbour to be considered. (original abstract)

Słowa kluczowe

EN

Financial transaction; Loans; Transfer pricing; Comparative examination

PL

Transakcje finansowe; Pożyczki; Ceny transferowe; Badania porównawcze

• Czasopismo: e-Finanse
• Rocznik: 2022
• Tom: 18
• Numer: nr 4
• Strony: 23--34

Twórcy

autor

Michal Ištok

• Brno University of Technology, Czech Republic

autor

Veronika Solilová

• Brno University of Technology, Czech Republic

autor

Karel Brychta

• Brno University of Technology, Czech Republic

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Identyfikatory

DOI

10.2478/fiqf-2022-0025