Are you safe from the tax authorities? The wine and spirits industry is driven by valuable brands, each of which contains intellectual property at its heart. But, are brand owners putting themselves at risk of additional tax liabilities due to artificially-constructed, profit-shifting, transfer pricing schemes?
Focus – Transfer pricing and the tax-man’s chase
Are you safe from the tax authorities? The wine and spirits industry is driven by valuable brands, each of which contains intellectual property at its heart. But, are brand owners putting themselves at risk of additional tax liabilities due to artificially-constructed, profit-shifting, transfer pricing schemes?