Transfer Pricing Chat: Elizabeth Stevens of Caplin & Drysdale

Early pandemic lockdowns quickly had authorities and companies grappling with the tax consequences of employees temporarily logging on from across borders. Now, more than two years later, remote work is likely here to stay—calling into question some of the fundamental concepts of international taxation, like permanent establishment based on physical presence, and the role of the concept of DEMPE—the development, enhancement, maintenance, protection, and exploitation of intangibles.

Bloomberg Tax spoke with Elizabeth Stevens, a member at Caplin & Drysdale, about how transfer pricing may have to be reimagined in a future of remote work.

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