Transfer Pricing (TP) continues to be an evolving topic as many jurisdictions in the Gulf Cooperation Council (GCC) and Levant are introducing, or are anticipated to introduce, full-fledged TP regulations. With the introduction of the TP regulations in the region, we have seen a substantial increase in TP audits, especially in Saudi Arabia (KSA) where the regulations were introduced in 2019. 

Following the release of our recent article surrounding the TP audit landscape in the Middle East (ME), we were pleased to host a webinar in both English and Arabic on Thursday, 28 July and Tuesday, 23 August 2022 were we provided first-hand information on real life cases based on some of the key issues which the tax authorities are covering from a TP perspective. Our TP controversy specialists covered the following topics: 

• An update on the TP landscape in the ME region
• An overview of the TP audit processes in the ME region
• The key likely triggers for a TP audit
• Practical insights based on our experience dealing with TP cases and the tax authorities in the ME
• Q&A