MAKING OR BREAKING THE CORPORATE TAX

I just received an invitation from The International Chamber of Commerce to a seminar on Transfer Pricing Documentation and Dispute Resolution. The question posed is: Making or Breaking the Corporate Tax. The documentation burden in transfer pricing has grown in volume and spread across the globe. So now we have reached the next level i complexity. Most transfer pricing conferences focus on methods, and how to apply the arm's length standard, but now the issue is the documentation requirements on transfer pricing policies and how the principles are applied.


Company taxation is a mere Klondyke, an Eldorado, for tax consultants and a play hut for scolars and academicians. Transfer pricing is only one of several (unslovable) problems to discuss and make money from. Now the time has come to documentation requirements. What will come next?

Or. Will the documentation requirements cause the Breaking of the Corporate Tax?

I hope so. Or rather, I hope that before it does, tax lawmakers will realize the evils and the scourge of company taxation and dismantle it in good order.

I see from the brochure to the conference that my friend Krister Andersson, Chairman BusinessEurope Tax Policy Group and Head Tax Delegation for Swedish Business & Commerce, is one of the speakers.

Krister, In you I trust.