The importance of transfer pricing for tax purposes is increasing. Globalisation, the discussion on tax avoidance and initiatives at the level of the OECD (BEPS) and the EU are causing increasing complexity. Even today, finance and tax managers cite transfer prices and their documentation as a focal point with a not insignificant risk potential for companies.
But how do you reconcile business requirements and tax regulations? An important success factor is the holistic approach.
A sustainable transfer pricing system can only be guaranteed if the documentation approach and a possible dispute resolution are already adequately considered during planning and implementation. This is our KPMG approach. We support you in:
Interfaces play an important role here. Transfer pricing has many points of contact with other issues in your company. With our interdisciplinary project approach, together with you and KPMG experts from other specialist areas, we not only keep an eye on tax aspects (for example, customs law, VAT, withholding tax, etc.), but also consider the effects, for example, on the business management control logic and process landscape.
We not only have the necessary experience, but also the necessary resources to develop our clients' transfer pricing systems, implement them operationally, document them regularly and successfully defend them in tax audits worldwide. To this end, we work together with over 1,200 KPMG transfer pricing specialists in our global GTPS network.
Michael Freudenberg
Partner, Tax - Head of Global Transfer Pricing Services
KPMG AG Wirtschaftsprüfungsgesellschaft
