{"id":322,"date":"2019-04-10T09:49:45","date_gmt":"2019-04-10T07:49:45","guid":{"rendered":"http:\/\/dev.phanexperts.com\/2019\/04\/25\/strengthened-requirements-for-justification-of-transfer-pricing\/"},"modified":"2024-04-02T16:19:41","modified_gmt":"2024-04-02T14:19:41","slug":"beps-requirements-justification-transfer-pricing-policy","status":"publish","type":"post","link":"https:\/\/www.phanexperts.com\/en\/beps-requirements-justification-transfer-pricing-policy\/","title":{"rendered":"BEPS : strengthened requirements for justification of transfer pricing policy"},"content":{"rendered":"\n

The new obligations stemming from the BEPS (Base Erosion Profit Shifting)<\/strong> project will cause the most significant changes since the 1980s in the field of international taxation. Indeed, the countries directly involved in this project represent more than 84% of the world economy. Given the issues arising from the recovery of taxes, no doubt that many countries will pour significant efforts into the BEPS project to counter unlawful tax optimization schemes. <\/p>\n\n\n\n

Towards more cooperation between countries<\/h3>\n\n\n\n

The BEPS project, initiated by the OECD in 2012, includes 15 actions intended to help the governments to tackle the corporate tax issues. This conceptual framework is now accompanied by operational guidance.<\/p>\n\n\n\n

From now on, a multinational company will have to consider three additional areas of analysis in its transfer pricing policy:<\/p>\n\n\n\n