Windfall profits in the Energy Sector in 2022: Which entity in the group should capture them? – A transfer pricing perspective
Energy security and energy prices have become one of the biggest economic challenges for the world right after the global pandemic. Commodity prices for coal, oil and gas increased sharply in 2022.[1] The soaring prices have generated abnormally high profits in the energy sector. In response, in September 2022, the European Union (EU) has agreed…