Managing intercompany financing and ensuring compliance with transfer pricing regulations is generally a complex, time consuming and costly task, at the same time getting more attention from tax authorities. How to make this simple?

EY and LyondellBasell will jointly present a business case study on the added value of treasury and tax workflow optimization solutions for intercompany loans and in-house bank transactions. Senior Manager, Treasury & Internal Finance at LyondellBasell will share practical experiences around structuring, pricing, and documenting intercompany financial transactions in EY Intra-group Finance Web (Finance Web) application. During a live demonstration of Finance Web, an example will be presented on how to price intercompany loans in a time-efficient manner, based on real-time market data, and in line with the arm’s length standard.

During the session the speakers will also cover Finance Web implementation aspects, as well as discuss internal processes, ways of collaboration between Tax and Treasury teams, and practical challenges in relation to intercompany financing (e.g., in exotic currencies) and how to overcome those. There will also be a short Q&A session.

Speakers: Urszula Chwala, Senior Manager Treasury & Internal Finance – Lyondellbasell & Krzysztof Lukosz, Associate Partner Transfer Pricing & Operating Model Effectiveness – EY & Etan Wijnberg, Manager Transfer Pricing & Operating Model Effectiveness – EY

Language: English