Following the prevailing trends of recent years, the year 2024 witnessed notable developments in the transfer pricing landscape across different levels. While some legislative and guidance-based changes have reached final stages, their practical implications remain largely untested. Other developments are now at the implementation stage and there is significant interest in observing the practical aspects of their execution. Concurrently, other developments are still in their incipient stages of development, indicating an ongoing evolution in the international tax landscape. These changes signal a pivotal moment in the evolution of transfer pricing practices, paving the way for a more nuanced and dynamic international tax environment.
