The outbreak of COVID-19 has become one of the largest threats to the global economy and financial markets in history and will significantly impact the transfer pricing (TP) policies adopted by multinational groups. During this period, multinational groups should consider examining specific aspects of their business in order to minimize the negative effects of the crisis on such areas as value chain, sales, cash flow and many others, to the lowest extent possible.
Grant Thornton Armenia tax professionals are on standby to help you across a range of tax issues/opportunities in local and international tax. We also have dedicated Human Capital specialists to provide insights related to compensation and benefits.
Contact Grant Thornton and count on us to:
- Bring a calm and deliberate approach to discussing key considerations
- Help you filter out the noise and create actionable plans
- Respond at the speed of your need
- Think holistically across four areas of risk: liquidity & cash flow management, supply & demand, external factors, people & labor