Engaging and facilitating transactions for others is at the core of what global banks do every day, but what about their own intercompany cross border transactions? In the world of banking, one of the most regulated industries, the stakes are high and the challenges unique. What risks are banks willing to take in transfer pricing amidst a stringent regulatory landscape? How do distinctive structures guide their transfer pricing strategies? And just how crucial is the vast amount of data?
As part of our Industry Series, Exploring Transfer Pricing tours different industries with specialists to discuss some of what makes their industry of focus unique, and how that might impact their transfer pricing strategy.
Our host Brittany Hardin Tanguay is joined by Maggie Fritz, a Tax Principal and the global banking leader for transfer pricing from our New York office, and Brie Siciliano, a Chicago-based Managing Director for Tax specializing in financial services. Together, they'll unravel the complexities that the banking industry encounters when enacting transfer pricing.
November 28, 2023 | KPMG TaxWatch: Quarterly Bank Update – Transfer Pricing
This TaxWatch webcast outlines the transfer pricing operating model as it relates to people, processes, and technology, common design questions when structuring an in-house TP team, and how transfer pricing planning, documentation, controversy, and operations are handled by different banks/organizations.
Banking and capital markets
Delivering financial strategies that work and results that matter.
Year-end considerations for bank tax departments
In this episode of In the vault we discuss year-end considerations for bank tax departments.