Details

Service: Tax
Type: Audio, White paper
Date: 1/14/2010
Length: Minutes

Listen to KPMG's Webcast Replay: GE Capital - Court Accepts Guarantee Fees in Landmark Transfer Pricing Cases

If your company pays or receives cross-border guarantee fees or undertakes other transactions with companies in your corporate group, the recent decision of the Tax Court of Canada (TCC) in the GE Capital case will be welcome news. Ruling in the taxpayer's favour, the TCC vacated the CRA's assessments that denied the tax payer about $136 million in deductions for guarantee fees.

On Thursday, January 14, 2010 KPMG presented a webcast discussion to help one understand the impact of this decision and what it means for a company's transfer pricing policies including an analysis of arguments presented in the case and the TCC's conclusions.

This webcast featured our senior Canadian Transfer Pricing professionals from KPMG who shared their insights on the case and its potential impact on your transfer pricing policies and practices.

For further information about this topic please read "GE Capital - Court Accepts Guarantee Fees in Landmark Transfer Pricing Case" from TaxNewsFlash - Canada 2009-38 (December 9, 2009).

To obtain a copy of the presentation, click here.

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