Increased tax authority scrutiny, a reduction in the resources you have available and continual errors due to multiple IT systems and data in different places, are all driving a need to rethink your OTP strategy.
The use of spreadsheets to create and calculate all the transfer pricing adjustments needed cause issues for data, timing, and quality leading to increased audits and reconciliations. So, how can you get more value from your operational transfer pricing?
In this video, Andrea Tolley, Partner, and Head of Transfer Pricing Corporates outlines the three steps you can take now.
At KPMG, we understand that every business is different and there is no ‘one-size-fits-all’ solution to these problems, so if you’d like to discuss how you can make it successful in your organisation, get in touch with Andrea.
