KPMG report: Transfer pricing considerations for ESG-related intangible assets

Transfer pricing issues that companies need to take into account in their ESG-related tax planning

ESG-related intangible assets

As companies develop strategies and incur environmental, social, and governance (ESG) related costs, some of these investments may result in the creation of valuable intangible assets. For instance, many companies focusing on decarbonization create related intangibles. Tax planning around ESG in general or decarbonization-specific intangibles needs to be thoughtful and use consistent frameworks in planning for other product, process, or marketing intangibles.

Read a June 2023 report* [PDF 536 KB] prepared by KPMG LLP tax professionals that examines the transfer pricing issues that companies need to take into account in their ESG-related tax planning.

*This article originally appeared in Tax Notes International (5 June 2023) and is provided with permission.



The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.