Webinar 25th August

Knowledge Sharing Webinar, Wednesday 25 August 2021 (4.00 pm to 6.15 pm) on “Transfer Pricing and Covid-19 implications”

Hosted by: Transfer pricing experts from RSM India and RSM Netherlands

Registration link:  https://us06web.zoom.us/webinar/register/WN_5q-PCtbYQCO_aUhVSsEayA

Registrations are open for all, however, we request the participants to pre-register themselves by clicking on the above link (the registration link is already active). Further, after registration, we request you to join the session at 3:55 pm to ensure conduct of webinar on time.

We take great pleasure in inviting you for a knowledge sharing webinar on “Transfer Pricing and Covid-19 implications” being organised by us on 25th August 2021 – Wednesday (4.00 pm to 6.15 pm). The webinar will be hosted by our transfer pricing experts from RSM India and RSM Netherlands.

 

Background

 

The impact of COVID-19 outbreak on economic activity on account of lockdowns have been profound. Economies and markets have been hit by the COVID-19 outbreak. The worldwide virus outbreak is causing substantial shifts in financial markets and the macro economy, with direct adverse implications on global supply chains and profitability. Most of the multi-national enterprise (‘MNE’) have already started to analyse the impact and shifting of supply chain, production, target market, customers etc. which would have large impact on Transactions between entities of such MNEs. Enterprises have seen wide swings in profitability, both upward and downward. Enterprises across a variety of industries have faced disruption to their supply chains, including the curtailment of their operations and corresponding reductions in output, and have been forced to change how their business is conducted.

 

The unprecedented change in the economic environment following the outbreak of COVID-19 creates unique challenges for performing comparability analysis. The pandemic may have a significant impact on the pricing of some transactions between independent enterprises and may reduce the reliance that can be placed on historical data when performing comparability analyses. However, the unique and almost unprecedented economic conditions arising from and government responses to COVID-19 have led to practical challenges for the application of the arm’s length principle.

 

Since MNEs would be finalising their financial statements and also Transfer Pricing documentation for the first accounting year impacted by Covid, it is important to consider potential impact of Covid on their business and practical considerations from Transfer Pricing perspective.

 

 

In this perspective, we intend to cover the following aspects in our webinar –

·         Overview of challenges arising on account of pandemic and its impact on Transfer Pricing

·         Understanding the Global and Indian perspective

·         Panel discussion with industry experts/ Transfer Pricing practitioners

 

We at RSM India Group, have always been focusing on regular sharing of knowledge relating to latest developments to our esteemed clients through various means viz. newsletters, white-papers, publications, knowledge sharing sessions, webcasts, etc. The captioned Knowledge Sharing Webinar is one such event aimed at enabling a good understanding of the aforesaid aspects and we look forward to your active participation.

 

 

Webinar Details:

 

The agenda of the webinar is as under:

 

Introduction & context setting- RSM India, Founder Partner- Dr Suresh Surana

4.00pm – 4.10pm

Global/ European view point- Vera Zhuravleva, RSM Netherlands  

4.10pm – 4.40pm

India perspective - Vijay Ramachandran, RSM India

4.40pm – 5.10pm

Panel discussion/ Q&A

Panelists:
Kuldeep Sharma, ex-Senior IRS, Author

Industry representatives- Amit Gupta, Dell and Sarika Malhotra, Cargill

Vera Zhuravleva, RSM Netherlands and Vijay Ramachandran, RSM India

5.10pm – 6.10pm

Key takeaways and concluding remarks                                                                        

6.10pm – 6.15pm

 

We eagerly look forward to having you at this very exciting event and hope you will enjoy this webinar of contemporary relevance.