The tax challenges of the digital economy may catch historically non-digital companies by surprise as they “go digital.” Baker McKenzie’s Special Report, Digital Revolution: Transfer Pricing on the Global Tax Battlefield provides insight into digital technology trends non-digital businesses are incorporating and the key tax trends companies must actively navigate including industry sector case studies, transfer pricing considerations, multilateral and unilateral measures, transfer pricing audits and dispute resolution.
The impact of COVID-19 has been profound. Companies are facing disruptions to supply chains, customer demand, operations and output, and are being confronted with liquidity concerns. In many cases, governments across the world have announced tax provisions and other programs to dampen economic hardships and free much needed cash resources.…