KPMG article: Impact of tariffs on transfer pricing
How tariffs may affect pricing of intercompany transactions and risk of disputes
The imposition of unexpectedly high and universal tariffs on imports of goods by the United States, and uncertainty surrounding whether and when these new tariff rates will be re-negotiated, has created significant disruption to multinationals’ product pricing and supply chains. This will have a resultant impact on multinationals’ profitability, at least in the near- to short-term until they are able to understand and take action to adapt to the new economic realities.
Read an April 2025 article* prepared by KPMG LLP tax professionals that discusses how the imposition of tariffs may affect multinationals pricing their intercompany transactions and the additional risk of tax authority disputes.
*Reproduced with permission from Tax Management International Journal. Copyright ® 2025 by Bloomberg Industry Group, Inc. (800-372-1033) http://www.bloombergindustry.com