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New: Free scoping tool for intercompany agreements, and how to survive coronavirus quarantine

Intercompany Agreements

9 March 2020

I’m very pleased to report that we’ve survived the 14 day period of self-imposed quarantine in the UK, having flown back from China on 21st February. The only tense moments were wondering whether our children will pass the various airport temperature checks – they haven’t had any signs of fever, but they’re just naturally ‘hot’. Especially our 3-year-old, who is a bundle of buzzing energy and will strip off her clothes and run around madly at any point.

Aside from that it has actually been a very relaxing and enjoyable experience. As you might guess from the image above, home baking has been key to our mental health at the UK end, and this has involved peanut and chocolate chip cookies, lots of pizzas, chicken and leek pie and of course fish and chips (the latter being of the Ocado-ordered variety, admittedly).

Time away from the usual environment has also allowed us to finish and release a number of projects which have been in the pipeline for a number of months. One of them is our new online tool, which allows users to quickly identify the key types of intercompany agreements likely to be required to support a particular group’s transfer pricing compliance.

The tool is free to use, and it consists of an online questionnaire which can typically be completed in less than 5 minutes. Users receive a report in Microsoft Word format, which lists the key types of intercompany agreement which are likely to be required to support the transfer pricing policies of the relevant group.

You can access the free tool here.

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Article by
Paul Sutton
LCN Legal Co-Founder

Free Guide: Effective Intercompany Agreements for TP Compliance