Transfer pricing is just the tip of the iceberg when it comes to risk, according to the 1,265 respondents to the 2021 EY Tax Risk and Controversy Survey. Increasing and sophisticated transfer pricing scrutiny requires a greater degree of proactivity. Risk areas closely mirror the accelerating globalization of the decade or so preceding the first G20/OECD Base Erosion and Profit Shifting (BEPS) recommendations.
Luis Coronado, EY Global Tax Controversy Leader and EY Global Transfer Pricing Leader, …