The OECD warns that COVID-19 is the greatest danger to the world economy since the 2008 financial crisis. Multinationals experienced similar economic turmoil during the 2008 global financial crisis however, the transfer pricing landscape was substantially different. BEPS Action Plans are now in force, and the level of transfer pricing scrutiny is high. Sivakumar Saravan, Senior Tax Partner and Sowmya Varadharajan, Transfer Pricing Services Director, share how multinationals should prepare for the impact on its transfer pricing process?
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