On 3rd December 2015 TPA Horwath, in co-operation with Headquarters Austria, hosted a seminar on the topic of ‚Transfer Pricing for Headquarters in Austria‘.
BEPS Action Plan
The OECD Base Erosion and Profit Shifting („BEPS“) Action Plan brings a lot of new rules, particularly regarding transfer pricing: Mandatory transfer pricing documentation, new rules regarding services charges, de facto cancelation of cost contribution agreements and the increased focus on the impact of intangibles are all topics which are now being discussed by tax people around the world.
Transfer Pricing experts from Eastern Europe
TPA Horwath presented current cases from the headquarter perspective. Matthias Petutschnig, Assistant Professor at Vienna University of Economics and business, moderated the panel discussion.The panel discussion between Transfer Pricing experts from TPA Horwath Austria, the Czech Republic, Poland, Romania, Serbia and Slovakia gave a multilateral view on the topics Transfer Pricing Documentation, Group Service Charges and Intangibles and Value Creation.
Participants of the panel discussion were our local TPA Horwath Transfer Pricing experts:
Jan Soška, TPA Horwath Czech Republic
Remigiusz Fijak, TPA Horwath Poland
Daniela Zar, TPA Horwath Romania
Ivana Rotim, TPA Horwath Serbia
Juraj Tobak, TPA Horwath Slovakia
Overview of current standards in Austria and CEE/SEE
An overview of the current standard in Austria and the Central and South Eastern European countries was given, areas of conflict were identified and insights were given, where BEPS influences are already noticeable in tax audits. A central topic was also which countries are early adopters of the BEPS rules.
The transfer pricing event that was hosted by TPA Horwath in Vienna gave their visitors compact information and orientation regarding the current transfer pricing framework.