On 11 February, the Organisation for Economic Co-operation and Development (OECD) released its long-awaited final guidance on financial transactions. The guidance now becomes Chapter X of the OECD Guidelines and touches on treasury functions (including loans, cash pooling, and hedging); guarantees, and captive insurers. With more specific rules and methods for evaluating intra-group transactions in these areas, the OECD guidance raises the risk of tax authority challenges significantly.
KPMG LLP (KPMG) is pleased to invite you to a one-hour webcast that discusses implications of this long-awaited development for multinationals. Senior-level KPMG Tax professionals who focus on financial transactions and related global tax policy issues will address:
- Background and an overview of the Financial Transactions paper
- Likely impacts and practical considerations
- What should companies be thinking about in the near term and longer term to mitigate growing risks when structuring and supporting financial transactions.