Tue.Dec 15, 2020

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4 Things to Help You Automate Operational Transfer Pricing

ThomsonReuters

Companies face three main challenges when preparing to implement operational transfer pricing (OTP) technology—finance system and data issues, accountability questions, and continually changing compliance requirements. That is the key takeaway from a recent Thomson Reuters Tax & Tech Talks podcast episode that featured OTP specialists from KPMG. “Those three challenges are driving. a new view of operational transfer pricing,” said Andrea Tolley, a partner at KPMG UK. 1.

Finance 52
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Delaware Puts the Conduct of Business Covenant on Center Stage in COVID-Related M&A Dispute

Cooley M&A

In the months following the onset of the COVID-19 pandemic, a slew of parties filed lawsuits in US courts relating to M&A transactions that were signed prior to March 2020 and that buyers were seeking to terminate as a result of the pandemic. In these lawsuits, buyers commonly alleged one (or both) of the following as justification for their failure to close: (i) that the target suffered an MAE as a result of COVID-19’s impact on its business; or (ii) that target materially breached the cond