Our approach
In today’s post BEPS world, transfer pricing has been transformed. Companies face new reporting and information sharing challenges, and the need for a global narrative.
KPMG firms can help companies develop and implement economically supportable transfer prices, document the policies and outcomes, and respond to questions raised by the tax authorities. With our global network providing access to transfer pricing professionals around the world, the Global Transfer Pricing Services practice is wellequipped to provide the local experience and global context that multinationals need to thrive in today’s environment.
We help tax leaders make difficult decisions about prioritizing limited resources every day. Navigating the proliferation of BEPS-driven requirements with a finite budget requires careful risk tiering and consideration. It also requires a focus on process and technology.
Tax leaders can benefit from technology-enabled, risk based approach by:
- Reducing controversy
- Limiting double taxation
- Increasing the likelihood of favorable outcomes when controversies arise
- Aligning tax goals with business objectives
- Reducing the amount of time that corporate resources need to spend on transfer pricing.
What we do
We can help companies manage their transfer pricing issues through such services as:
Planning: To assist in developing economically supportable transfer pricing policies and in executing forward-looking tax planning.
Implementation: To provide insightful advice on developing and implementing policies, procedures, controls and systems for setting, monitoring, and testing intercompany transactions.
Controversy: To help resolve transfer pricing disputes through various services, including assistance with advance pricing agreements, competent authority negotiations, arbitration, and litigation support.
Compliance and Documentation: To help manage risk within the current environment of detailed transfer pricing regulations, strict documentation requirements, sophisticated audit practices, and significant penalties for noncompliance with an objective point-of-view.
Adapting to change: Forward-thinking companies recognize that effective global transfer pricing policies must do more than simply enable them to comply with national rules. They know transfer pricing issues have to be addressed long before transactions actually occur and they try to make their transfer pricing policies into strategic tools for investment and supply chain decisions, as well as for global tax planning.
Our insights
Transfer pricing podcasts
Short podcasts addressing some of the most pressing issues and opportunities facing transfer pricing professionals in the modern business world.
