Shows
Uncontrolled OpinionsWhy We Do ThisFor episode 13, we're getting personal! We're digging into why we started this podcast and the unplanned beginnings of our careers in transfer pricing. Get our "uncontrolled opinion" on why the TP world needs more open dialogue and less secrecy. It's time to pull back the curtain! 2025-05-2724 minUncontrolled OpinionsEconomic Substance and TPIn this episode of Uncontrolled Opinions, we welcome Clark Armitage a leading international tax and transfer pricing lawyer to discuss about economic substance in the context of transfer pricing. We dive into the economic substance doctrine —its origins, why it was codified in Section 7701(o), and how it intersects with modern transfer pricing, BEPS initiatives, and risk management. The conversation also covers current cases where the IRS has asserted the lack of economic substance in challenging taxpayers, litigation trends, and practical considerations for taxpayers structuring cross-border transactions.2025-04-0850 minUncontrolled OpinionsAmount B / SSA RefresherIn this episode, we refresh on Amount B / Simplified and Streamline Approach (SSA). We cover what has happened since February 2024.For a deeper dive, explore the resources below, including guidance, fact sheets, tools, and the full OECD report on Amount B:OECD Pillar One – Amount BOECD Consolidated Report on Amount BUS Adoption of Amount B (Notice 2025-04)US Executive Order on “Global Tax Deal”US Senate confirmation hearings for treasury secretary transcript2025-03-2638 minUncontrolled OpinionsTransfer Pricing for Intragroup LoansIn this episode of Uncontrolled Opinions, hosts Mikhail and Silvana are joined by their colleague Martin Ibarguren, an experienced transfer pricing practitioner with deep expertise in intercompany (IC) financial transactions. Together, they dive into the foundational elements of transfer pricing and documenting intragroup loans. From determining whether a transaction is truly “debt” vs. “equity” to handling limited data for benchmark analyses, this discussion highlights the key factors and practical challenges that transfer pricing economists grapple with when establishing arm’s length interest rates for intercompany loans.2025-03-1440 minUncontrolled OpinionsApple ECJ State Aid Case TP implicationsIn this episode, Mikhail and Silvana dive into the 2024 European Court of Justice (ECJ) decision on Apple’s contested tax arrangements in Ireland. While the heart of the matter centers on “illegal state aid,” the conversation highlights key transfer pricing concepts such as the arm’s length principle, the role of cost sharing agreements, and the interplay between EU competition law, MNE corporate tax/TP structures and national tax policies. Mikhail and Silvana also reflect on how this case underscores crucial points for transfer pricing practitioners, from applying the separate entity approach to analyzing IP ownership and economic substance.Key...2025-01-1435 minUncontrolled OpinionsCountry Risk Premium Adjustment in TNMMIn this episode of Uncontrolled Opinions, Mikhail and Silvana discuss the country risk premium adjustment when applying a Transactional Net Margin Method (TNMM). This discussion is particularly timely, given the recent emphasis on this adjustment in the OECD's Amount B guidance and its mandatory implementation in Brazil's transfer pricing regulations.Key Discussion PointsOECD's Amount B GuidanceIntroduction to the Data Availability Mechanism (DAM) which provides for a country risk premiums adjustmentRecognition that entities operating in higher-risk countries may warrant higher returnsBrazil's Transfer Pricing RegulationsMandatory application of country...2024-11-1922 minUncontrolled OpinionsPublic vs Private Companies in CPM/TNMM AnalysesIn this episode of Uncontrolled Opinions, we explore the pros and cons of using public and private company data in the context of a TNMM or CPM analysis in transfer pricing. We discuss practical aspects such as data availability, quality, reliability, the impact of size and operating leverage, and the importance of functional comparability in selecting comparable companies. We also cover practical considerations, from regulatory compliance challenges across jurisdictions to best practices for global benchmarks. Whether you're navigating data complexities or refining your benchmarking approach, this episode offers valuable insights for enhancing economic analysis in tra...2024-11-0726 minUncontrolled OpinionsTNMM & Local Country RulesIn this episode, Silvana and Mikhail explore how local country-specific rules impact the use of the Transactional Net Margin Method (TNMM) in transfer pricing. They discuss how different regulations affect the selection of comparables and the calculation of the arm’s length range, using examples from Greece, Malaysia, Italy, and Brazil.The episode highlights the importance of creating rigorous and defensible global/regional TNMM benchmarks incorporating local country-specific requirements. TakeawaysDifferent countries have specific regulations and practices that impact how TNMM Benchmarking analyses should be conducted..Common differences in local country regu...2024-10-0826 minUncontrolled OpinionsAI in Transfer PricingIs there a role for AI in transfer pricing?We believe the simple answer to this question is – yes – but with a few qualifiers. In this conversation, we dive into what is AI, Generative AI and how next-word prediction can and may be used in a transfer pricing context.While we are generally optimistic, we also discuss the pitfalls of AI, including hallucinations, and why outsourcing judgment in evaluating comparables could be a slippery slope. We do not believe AIs have agency (yet) and advocate for human oversight in deploying and leveraging AI-based automation tools. 2024-09-1628 minUncontrolled OpinionsHighlights from the NABE TP Symposium 2024In this episode of Uncontrolled Opinions, hosts Mikhail and Silvana recap some of the highlights from the NABE 2024 Transfer Pricing Conference. Mikhail and Silvana explore several of the most interesting panels, including:· Geographic Market Adjustments in CPMs/TNMMs: Amount B and Beyond· AI will make DEMPE irrelevant· Business Acquisitions: Reconciling Transfer Pricing and Financial Reporting for Intangibles in the Context of Purchase Price Allocations· Risky Business: The State of the Risk Control Framework· The Importance of Intercompany Agreements to Transfer Pricing Economists· The GLAMorous World of Implicit Support in Financial Transaction Trans...2024-08-2627 minUncontrolled OpinionsWhat is Control?What is “Control”? Nope we are not talking about Janet Jackson’s song. The raison d’etre in TP is pricing of “Controlled Transactions”. So, what is control? In this episode of Uncontrolled Opinions, hosts Silvana and Mikhail dive into the definition of “control” in the context of transfer pricing. We discuss the differences between “Control” and “Related Parties”. We also highlight different definitions and ownership thresholds for what constitutes control and/or related party. We also examine the practical implications of these divergent definitions on transfer pricing benchmarking. 01:08 Defining control in TP01:51 Difference betw...2024-07-2331 minUncontrolled OpinionsArms' Length RangeArm's Length Range: In this episode, Mikhail and Silvana dive into the intricacies of the arm's length range, the interquartile range, and various statistical methods used in transfer pricing. They discuss the importance of these concepts in their day-to-day practice and how the arm’s length range and statistical screening can help enhance reliability in a transfer pricing analysis.2024-07-1526 minUncontrolled OpinionsThe Evolution and Impact of Amount BIn this Podcast, Silvana and Mikhail discuss the developments surrounding OECD Amount B guidance as it stands in March 2024. We explore the scope and criteria of Amount B, emphasizing its focus on tangible goods and excluding digital goods and services. We review the three-step pricing matrix and the industry groupings within the draft. We review the current articulation of the “risk adjustments” proposed in the Amount B paper and discuss its merits.00:00 Initial Reactions to the Latest Amount B Draft02:59 The Promise of Simplified Guidance and Its Limitations03:39 Tracing the Origi...2024-04-2533 min
CaminantesCaminantes Capítulo 10 - Requiem Del Chaco V2En el episodio de hoy entrevistamos al escritor Javier Viveros, nos cuenta sobre su libro “Requiem del Chaco”
También Lucero Sarambi, nos presenta “Canción de siesta para Daniela”
Músicas
- Andrey Sychra - Estudio No 2
- Andrey Sychra - Estudio No 4
- Mikhail Vysotsky – Cossack
- Francisco Tárrega – Lágrima
El Brujo y sus cromáticos – Ilusión
La Nuestra – Camino
Edición y producción : Juan Guerrero
Locución y producción: Silvana Cabral2021-04-2425 min
Ondas AyvuCaminantes Capítulo 10 - Requiem Del Chaco V2En el episodio de hoy entrevistamos al escritor Javier Viveros, nos cuenta sobre su libro “Requiem del Chaco”
También Lucero Sarambi, nos presenta “Canción de siesta para Daniela”
Músicas
- Andrey Sychra - Estudio No 2
- Andrey Sychra - Estudio No 4
- Mikhail Vysotsky – Cossack
- Francisco Tárrega – Lágrima
El Brujo y sus cromáticos – Ilusión
La Nuestra – Camino
Edición y producción : Juan Guerrero
Locución y producción: Silvana Cabral2020-12-1725 min
GymiceticsEpisode 2: Surprisetelecom cupROSTELECOM CUP 2020 SUCH A NICE SURPRISE
TIME STAMPS
Intro: 00:00
Larisa Iordache is Back: 00:46
Ioana Stanciulescu/Silvana Sfiringu: 03:35
Ice dance: 06:57
Sinitsina/Katsalapov: 08:24
Zagorski/Guerreiro: 16:38
Skoptkova/Aleshin: 20:51
Men's: 24:39
Mikhail Kolyada: 25:11
Morisi Kvitelashvili: 30:50
Petr Gumennick and Andrei Mozalev: 33:56
Pairs:
Boikova/Kozlovskii: 39:01
Mishina/Galliamov: 43:15
Panfilova/Rylov: 46:41
Ladies': 51:24
Elizaveta Tutkamysheva: 52:23
Alena Kostornaia: 59:45
Anastasia Gulyakova: 01:01:49
Alexandra Trusova: 01:03:30
Ending: 01:05:532020-11-221h 06