Implementation

No matter how well planned a transfer pricing system is, it is the implementation that determines its success. Both in terms of the realization of the desired tax effects and its resilience in tax audits at home and abroad.

Successful implementation begins with anchoring the transfer pricing system in the company organization and the underlying processes. It is important to continuously monitor the contract-compliant implementation by means of process and key figure reporting and the possibility of short-term, but system-compliant/congruent interventions in the form of price adjustments. Depending on the risk assessment, it may be advisable to take a proactive approach, for example by means of advance agreement procedures.

We support you in implementing your transfer pricing system (operational transfer pricing) in practice. What we can do for you:

• The design and implementation of process and transfer pricing guidelines,
• Support with the contractual implementation of transfer pricing systems,
• Anchoring transfer pricing methods in internal and external accounting (e.g. KPI selection, reconciliation of transfer pricing with cost center/account structure),
• The control and monitoring of transfer prices, 
• Support in the selection, configuration and implementation of appropriate IT systems for controlling and monitoring transfer prices, and
• The development and implementation of AI-supported solutions.