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Treasury can no longer tiptoe around tax - action needed now

by Bas Rebel, Independent Treasury Consultant, BRFC / Mike Foye, Director Global Treasury Operations, Mondelez International / Gerben Weistra, Partner Transfer Pricing, ECTACON

Key timing points
0:51 Financial Transactions Transfer Pricing
3:46 Chevron case in Australia & IC lending
10:41 Cash pooling
17:00 Key takeaways

CTMfile take: This WEBchat shows how the new OECD regulations have really increased the level of documentation required in financial transfer pricing. No corner-cutting in documentation is essential as you will have to answer detailed questions several years after your financial transfer pricing actions. Also, many more corporate treasury departments will find it increasingly effective to set up an in-house bank.

Bas Rebel, Independent Treasury Consultant – BRFC, Gerben Weistra, Partner Transfer Pricing - Ectacon and  Mike Foye, Director, Global Treasury Operations - Mondelez International discuss why corporate treasury can no longer tiptoe around tax due to new OECD regulations published in 2020, and the implications for corporate treasury operations.

This WEBchat covers:

  1.  The new OECD Financial Transactions Transfer Pricing requirements
  2. Implications of Chevron case in Australia
  3. Cash pooling – impacts and implications
  4. Key takeaways

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About the author


Bas Rebel
Independent Treasury Consultant, BRFC

Bas is independent treasury consultant with a focus on treasury operations and treasury strategy with 30 years of relevant experience in transaction banking corporate treasury and consultancy. He has supported both blue chip companies and smaller multinationals analysing the business case for treasury transformation and implementing new processes and technology for sustainable change.


Mike Foye
Director Global Treasury Operations, Mondelez International

Mike's treasury career covers many sectors including Building Materials, Publishing and Broadcast Media, B2B Conferences and FMCG.

As Treasury Director at Mondelez, his responsibilities include cash flow management and forecasting, Internal Capital Structuring, Repatriation optimisation and leading initiatives for process improvements in Treasury operations globally


Gerben Weistra
Partner Transfer Pricing, ECTACON

Gerben is a transfer pricing partner with extensive experience in
developing, analysing, implementing, and defending transfer pricing policies.
He has provided expert advice to companies, governments, and law firms on
a range of international tax, transfer pricing, and valuation issues.

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