Transfer Pricing

The KPMG transfer pricing team has worked with the largest international companies from various industries, such as Oil and Gas, Chemical, Pharmaceutical, Mining, Food, Processing industries, Retail, Construction, IT, and Telecommunications.

KPMG is currently working closely with the State Tax Committee of Uzbekistan on the implementation of new TP rules. In 2021 we received a letter of gratitude (an electronic copy of which can be provided upon request) on behalf of the State Tax Committee for successfully conducting training courses for the tax authorities of the Republic of Uzbekistan within the programme “Theoretical and Practical Basis of Application of PT Rules in the Republic of Uzbekistan”, as part of implementing the Memorandum of cooperation between the State Tax Committee of Uzbekistan and KPMG.

KPMG professionals can assist during all stages of a project’s implementation and provide the following TP consulting services:

• Identify controlled transactions and TP risks
• Document transfer prices: prepare notifications on controlled transactions and documentation on controlled transactions
• Elaborate an intra-group TP methodology for all types of transactions
• Prepare benchmarking studies to justify the level of applied prices/profit levels
• Liaise with the State Tax Committee of the Republic of Uzbekistan
• Draw up pricing agreements for taxation purposes
• Training sessions on TP methodologies and analysis

You can find the most up-to-date information on TP legislation and court practice here.

Why KPMG?

• KPMG has the largest TP practice in CIS
• We can apply an integrated approach to TP projects by working with other KPMG professionals, thereby providing a full range of services (corporate tax, customs, business advisory and legal services)
• Flexible working options are available, from methodological support to preparing the necessary documents on a turnkey basis