In this article of our new - Transfer Pricing series, we turn our lens to another urgent issue that has arisen from COVID-19 crisis: Adjusting Profits between Routine Entities and Principals.
BDO EUROPEAN SURVEY – COMBATTING THE CRISIS WITH BUSINESS RESILIENCE:
How European business leaders are responding to the implications of the global pandemic
In this Insight, we turn our attention to profit split methodologies and cost sharing arrangements(1), and discuss how they can be affected by the economic disruptions caused by COVID-19. Profit splits are typically implemented when the participating parties to an intercompany transaction both...
Everyone knows the Aesop fable about the tortoise and the hare. The hare sprints and takes an early lead, while the tortoise maintains a deliberate pace and prevails at the finish line. While the fable does have an important moral to impart, sometimes one must be both a little bit tortoise and a...
The COVID-19 crisis has hit economies throughout the world hard, and the outbreak will have a direct and lasting impact on organisations of all sizes.Most nations have responded with emergency measures to help businesses, employers, employees and households. The measures range from economic...
BDO has released IFR Bulletin 2020/12 – Implications of COVID for Lessors.
BDO has released IFR Bulletin 2020/11 – Accounting for Rent Concessions: Lessee FAQs.
BDO has released illustrative interim financial statements as at 30 June 2020.
As we start passing through the recovery stage of the COVID-19 pandemic and start thinking about growth strategies for the manufacturing and distribution sector, a few areas immediately surface as top-of-mind focus.