event description

The COVID-19 pandemic poses major challenges for companies including cash flow constraints, depressed profitability, and disruption to the supply chain. This happened due to temporary restrictions on business operations which reduced production/sales output. In fact, the spread of the COVID-19 virus has also caused recessions in several countries. Considering the impact of COVID-19 on economic conditions, which is quite large and unpredictable, the government has made efforts to provide incentives and support to protect the economy and the business world.

The COVID-19 condition in turn also presents practical challenges in the application of the principles of fairness and business practice, especially in pricing policy determination, implementation and documentation of transfer prices, as well as agreements with Tax Authorities. The unique and unpredictable economic conditions caused by the pandemic also raise new issues and add to the complexity of applying transfer pricing. This creates a high potential for transfer price disputes for affiliated transactions conducted by Multinational Business Groups with the Tax Authorities. Therefore, it is necessary to take strategic steps and solutions for taxpayers in facing these challenges in order to prevent the risk of such disputes in accordance with the OECD recommendations and tax provisions applicable in Indonesia.

To respond to the challenges arising from the COVID-19 pandemic on transfer pricing issues, TaxPrime hereby invites you to join the “TaxPrime Webinar 2021: Implications of the COVID-19 Pandemic on Transfer Price Documentation, Potential and Dispute Prevention”.

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Pandemi COVID-19 menimbulkan tantangan besar bagi perusahaan diantaranya, kendala arus kas, tertekannya profitabilitas, serta terjadinya disrupsi pada rantai suplai. Hal tersebut terjadi dikarenakan pembatasan sementara operasi bisnis yang mengurangi output produksi/penjualan. Bahkan, penyebaran virus COVID-19 ini juga menyebabkan resesi di beberapa negara. Mempertimbangkan pengaruh COVID-19 terhadap kondisi ekonomi yang cukup besar dan tak terduga, pemerintah telah berupaya memberikan insentif dan dukungan untuk memproteksi ekonomi dan dunia bisnis.

Kondisi COVID-19 pada gilirannya juga memberikan tantangan praktis dalam penerapan prinsip kewajaran dan kelaziman usaha terutama dalam penetapan kebijakan harga, implementasi dan dokumentasi harga transfer, serta perjanjian dengan Otoritas Pajak. Kondisi ekonomi yang unik dan tak terduga yang disebabkan oleh pandemi juga menimbulkan isu baru dan menambah kompleksitas penerapan harga transfer. Hal tersebut menimbulkan tingginya potensi sengketa harga transfer atas transaksi afiliasi yang dilakukan oleh Grup Usaha Multinasional dengan Otoritas Pajak. Oleh karena itu, diperlukan langkah strategis dan solutif bagi Wajib Pajak dalam menghadapi tantangan tersebut agar dapat mencegah risiko sengketa tersebut sesuai dengan rekomendasi OECD dan ketentuan perpajakan yang berlaku di Indonesia.

Untuk merespon tantangan yang timbul akibat pandemi COVID-19 terhadap isu harga transfer, dengan ini TaxPrime mengundang Bapak dan Ibu untuk mengikuti “TaxPrime Webinar 2021: Implikasi Pandemi COVID-19 Terhadap Dokumentasi Harga Transfer, Potensi dan Pencegahan Sengketa” .

Robert Pakpahan
Senior Advisor TaxPrime

Mekar Satria Utama
Direktur Perpajakan Internasional (Keynote Speaker)

Muhamad Fajar Putranto
Managing Partner TaxPrime

Wawan Setiyo Hartono
Vice Managing Partner TaxPrime

Emanuel Dewo Adi Winedhar
Partner TaxPrime