A QUALITATIVE ANALYSIS OF TRANSFER PRICING AUDITS IN LIGHT OF COVID-19 DISRUPTIONS: INDONESIAN CONTEXT

Abstract

A Qualitative Analysis of Transfer Pricing Audits in Light of COVID-19 Disruptions: Indonesian Context. The global economy and financial markets are now suffering from one of the strongest threats in modern history, an outbreak of Corona Virus Disease 2019 (COVID-19). The main objective of the paper is to contribute to the development of transfer pricing audits due to COVID-19 disruptions in Indonesian context. Furthermore, this paper intends to draw a theoretical framework on tax audits policy from a qualitative perspective. In conducting transfer pricing audits in relation with COVID-19, tax auditors need to assess the comparability analysis used by the taxpayer, the period in which analysis is projected, and intragroup services utilized by Indonesian subsidiaries impacted by the coronavirus crisis to cope with OECD TP Guidelines and Indonesia tax regulations.