Barnes Dennig Transfer Pricing After Tax Reform and COVID-19 120920 - BD | Page 17

NATIONWIDE SERVICE | 877.525.4462 | KBKG . COM

NATIONWIDE SERVICE | 877.525.4462 | KBKG . COM

GLOBAL AND US DEVELOPMENTS - COVID

• Governments need tax revenue , but from which companies ?

• Companies “ not paying a fair share ” good targets

• Governments regularly audit companies incurring losses

• Companies need to manage cashflow to fund operations

• Overpaying tax not an option for cash-strapped companies