Should a subsidiary incur losses due to risks it assumed? Can a parent take on losses? Our International Tax Group investigates the nuances of regulations from U.S. and international agencies and offers actions multinational enterprises can take now to prepare for the tax implications of COVID-19-related disruptions.
- Who bears and controls the risk?
- Useful guidance from the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations
- Actions to take now and in the future
Alston & Bird has formed a multidisciplinary task force to advise clients on the business and legal implications of the coronavirus (COVID-19).
Read the full advisory here.
