A lot has been happening in the last year and I didn’t even manage to write one post. My goal is to write more posts this year than in 2015. Luckily, with this post I will have already accomplished that.
But jokes aside, let’s have a quick recap, if that is possible, and I will then jump straight into 2016 with my next post. As you will know, after the release of the BEPS report by the OECD on the 5th of October 2015 and the endorsement from the finance ministers of the G20 on the 8th of October 2015, tax as we know it will never be the same. We have already seen many countries adding/changing legislation in line with the BEPS Action Points. Some countries were a little wary in the beginning but most have come around with already implementing additional transfer pricing requirements in line with Action Point 13 (to give one example).
This is the first time in my career that governments, multinational enterprise and tax minded people are talking about transfer pricing with a bit of excitement. The time of having to explain to friends or acquaintances what transfer pricing is, is slowly becoming a problem of the past. Transfer pricing is in the news on a continuous basis and this is a really exciting time being part of the new transfer pricing environment we find ourselves in.
As mentioned, just so much happened in the last year that I will not do it justice by trying to mention it all here. The purpose of this post was merely to let you know that I am back, and if you have any interesting topics you would like to cover, let me know. Also I am trying to make this website interactive, so please feel free to comment. Till my next post.