Reflection of the COVID-19 Pandemic in the Comparability Analysis – a Critical Evaluation of Potential Approaches

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dc.contributor.authorSolilová, Veronikacs
dc.contributor.authorLitzman, Marekcs
dc.contributor.authorIštok, Michalcs
dc.contributor.authorBrychta, Karelcs
dc.coverage.issue1cs
dc.coverage.volume12cs
dc.date.issued2022-06-06cs
dc.description.abstractThe key issues for transfer pricing is performing the comparability analysis with aim to find external comparable companies i.e. companies performing same or similar business activities in the same or similar economic and market conditions. However, during the COVID-19 pandemic, which have been affecting business in a totally new way, there are obstacles and uncertainty how to perform comparability analysis and related comparability adjustments reflecting current economic and market conditions. As the COVID-19 pandemic and crisis has had a significant impact on these conditions and unprecedently changed the economic environment. Moreover, due to the time-lag in commercial databases presenting financial data of potential comparable companies operating in the Europe, taxpayers face a new problem: how to defend their arm´s length position for fiscal years 2020 and 2021 while reflecting current economic and market conditions. The aim of the paper is to evaluate approaches how to reflect the COVID-19 pandemic in the comparability analysis and related comparability adjustments. Based on the results, we are rather sceptical about the practical application of recommended approaches: the taxpayers face a great challenge in how to make adequate comparability adjustments and at the same time be able to properly defend them to the tax administrator.en
dc.formattextcs
dc.format.extent686-697cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationHradec Economic Days. 2022, vol. 12, issue 1, p. 686-697.en
dc.identifier.doi10.36689/uhk/hed/2022-01-067cs
dc.identifier.isbn978-80-7435-855-5cs
dc.identifier.issn2464-6067cs
dc.identifier.orcid0000-0002-9184-1598cs
dc.identifier.other178340cs
dc.identifier.researcheridI-2120-2018cs
dc.identifier.scopus36975017700cs
dc.identifier.urihttp://hdl.handle.net/11012/208139
dc.language.isoencs
dc.publisherUniversity of Hradec Královécs
dc.relation.ispartofHradec Economic Dayscs
dc.relation.urihttps://uni.uhk.cz/hed/site/assets/files/1083/proceedings_2022_1.pdfcs
dc.rightsCreative Commons Attribution 4.0 Internationalcs
dc.rights.accessembargoedAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/2464-6067/cs
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/cs
dc.subjectcomparability analysisen
dc.subjectCOVID-19en
dc.subjectcritical evaluationen
dc.subjecttransfer pricingen
dc.titleReflection of the COVID-19 Pandemic in the Comparability Analysis – a Critical Evaluation of Potential Approachesen
dc.type.driverconferenceObjecten
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-178340en
sync.item.dbtypeVAVen
sync.item.insts2025.02.03 15:43:18en
sync.item.modts2025.01.17 15:37:44en
thesis.grantorVysoké učení technické v Brně. Fakulta podnikatelská. Ústav financícs
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