U.S. MNEs Must Tackle Transfer Pricing As Pillar Two Progresses

Bloomberg Tax

David Farhat Eman Cuyler

Partner David Farhat and associate Eman Cuyler discuss the progression of Pillar Two, pointing out that many jurisdictions — including the EU, the U.K., Australia and Japan — have adopted its provisions. The authors explain why large U.S. multinational enterprises operating in Pillar Two jurisdictions should monitor the interaction between Pillar Two rules and the traditional transfer pricing regime.

Copyright 2024 Bloomberg Industry Group, Inc. (800-372-1033) Reproduced with permission. U.S. MNEs Must Tackle Transfer Pricing as Pillar Two Progresses.