3rd Workshop/Conference by the Digital Economy Taxation Network (DET)

Past Event: Conference on Exploiting New Technologies to Transform the Approach to Transfer Pricing organized by the Digital Economy Taxation Network, April 19-20, 2021

The Digital Economy Taxation Network is now a well-established forum, with five high – level conferences organized in Vienna, Geneva, Singapore, China and United States. The annual conferences are useful way to take an overall assessment of where the international community stands on the digital tax transformation. To support these high-level conferences, DET has launched a series of workshops on VAT, Transfer Pricing, AI and tax compliance, the shared economy and international issues. Each issue has a dedicated research team drawn from the DET Network and will undertake policy relevant research, which will feed into the current international debate.

This conference will focus on the potential of New Technologies (AI, ML, Blockchain, Data Analytics etc.) to transform the approach to transfer pricing analyses. The discussions will be aroundpractical examples relating to data management, price setting testing and benchmarking, as well as the availability of comparable information and documentation. There will also be a focus on the impact of these technologies for audit practices and managing cross border disputes.

This conference will provide practical insights on:

• The general features of AI and Blockchain and their potential practical applications in transfer pricing areas, in particular with respect to functional and comparability analyses, and transfer pricing reporting

• Potential for real-time tax compliance and cost savings through AI applications and other new technologies

• AI and Blockchain opportunities for dispute minimization and settlement.

This conference brings together government officials, international and regional organizations, business and academics.

For more information, please contact Ms. Milena Gegios at milena.jana.gegios@wu.ac.at.