The COVID-19 pandemic has had a profound impact on many multinationals and the value of their intangible assets. For financial reporting purposes, many adversely affected multinationals must consider whether the value of their intangible assets has been impaired. Some are considering whether lower intangible asset values might present an opportunity to move these assets within the group at lower tax costs.
Watch an informative webcast where experts from Duff & Phelps’ Transfer Pricing practice explained how the value of intangible assets for tax purposes can differ materially from the value for financial reporting purposes, when and why a separate valuation for tax purposes is required, and how to bridge the divide between the two.