article thumbnail

How to Follow New OECD Guidance on Transfer Pricing

Jet Global

Given this timeframe, the OECD has recently published a report with the aim of assisting transfer pricing teams on best practices to follow given the current climate. She added that, for taxpayers, these challenges create increased uncertainty. This is a key factor when considering and interpreting the content of the report.

article thumbnail

Blockchain: The Fall of Traditional Centralized Systems in Business & Finance

Smart Data Collective

In the year 2009, a man under the alias of Satoshi Nakamoto invented the first digital currency called bitcoin and initiated the use of blockchains. This is intriguing as the world faces uncertainty from Covid-19, but crypto is not the only investment bringing massive returns to investors.

Finance 138
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Guide to Intercompany Transfer Pricing

Jet Global

The company transferred IP value to affiliates between 2007 and 2009. As the tax and operational transfer pricing processes go online, they can have a huge impact on an international organization’s ability to appropriately forecast and report its tax liability. billion transfer pricing of a royalty agreement.

article thumbnail

New Thinking, Old Thinking and a Fairytale

Peter James Thomas

Even just five years from now, more than one-third of the skills we believe are essential for today’s workforce will have changed according to the Future of Jobs Report from the World Economic Forum. King was a wise King, but now he was gripped with uncertainty. – McKinsey 2009. . [6]. – Gartner 2007. “60-70%

article thumbnail

The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. By late 2009, that experiment was a success, too; they'd climbed back up to 4.5 They might deal with uncertainty, but they're not random.

Metrics 156
article thumbnail

Fact-based Decision-making

Peter James Thomas

Of course the problem is then that Financial Reports (or indeed most Management Reports) are not set up to cope with plus or minus figures, so typically one of £12.4 By the time that people who need to take decisions based on such information are in the loop, the inherent uncertainty of the prediction may have disappeared.

Metrics 49
article thumbnail

Fitting Bayesian structural time series with the bsts R package

The Unofficial Google Data Science Blog

Many of these models are standard, and can be fit using a variety of tools, such as the StructTS function distributed with base R or one of several R packages for fitting these models (with the dlm package (Petris 2010, Petris, Petrone, and Campagnoli 2009) deserving special mention).