Supply chain is the process whereby goods and services are delivered to the customer. This process crosses international borders as functions like manufacturing, research & development, logistics and distribution may be located in different territories. This global journey brings with it tax exposure and risks including transfer pricing issues.
The course discusses these issues and the impact of the OECD Base Erosion and Profit Shifting.
• What is a supply chain in industry
• Why a supply chain
• Different supply chain structures (manufacturing, pharmaceutical, linear, complex web type)
• Supply chain v value chain
• Why are supply chains under scrutiny by tax agencies
• OECD requirements
• Tax and transfer pricing issues with supply chains
• Non-recognition and consequences
• Case studies
• Issues re permanent establishment, royalties, withholding tax and corporate tax issues in non-recognition
• What can taxpayers do