The importance of tax transfer pricing is increasing. Globalization, the debate on tax avoidance and initiatives at OECD (BEPS) and EU level are increasing complexity. Finance and tax managers are already citing transfer pricing and its documentation as a focal point with a not insignificant risk potential for companies.
But how can business requirements and tax regulations be reconciled? An important success factor is a holistic approach.
A sustainable transfer pricing system can only be guaranteed if the documentation approach and possible dispute resolution are adequately taken into account at the planning and implementation stages. This is our KPMG approach. We support you with:
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 law aspects (e.g. customs law, VAT, withholding tax, etc.), but also consider the effects, for example on the business management logic and process landscape.
We not only have the necessary experience, but also the resources required 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
