Transfer pricing services are an integral part of our global tax services offer. These services are designed to help companies navigate the complex and ever-changing rules and regulations associated with cross-border transactions between related parties.
Transfer pricing refers to the process of determining the fair market value of goods and services that are traded between related parties, such as subsidiaries or affiliates of a multinational corporation. This is important because the prices that are charged for these transactions can have a significant impact on a company’s financial performance and tax liability.
Our transfer pricing professionals have a deep understanding of transfer pricing rules and regulations and can provide the following services:
Transfer pricing documentation: This service involves preparing and maintaining documentation that supports a company’s transfer pricing policies and practices. This documentation is used to demonstrate to tax authorities that a company’s transfer pricing practices are in compliance with relevant laws and regulations. Transfer pricing analysis: This service involves analysing a company’s cross-border transactions to determine whether they are being conducted at arm’s length prices. This analysis is used to identify any potential transfer pricing issues and to develop strategies to address them. Transfer pricing planning: This service involves working with a company to develop transfer pricing strategies that minimize its tax liability while still ensuring compliance with relevant laws and regulations. Transfer pricing dispute resolution: This service involves representing a company in transfer pricing disputes with tax authorities. Advance pricing agreements: This service involves working with tax authorities to obtain an advance ruling on the company’s transfer pricing policies and practices.
By utilising our transfer pricing services, companies can ensure compliance with transfer pricing regulations and minimize their tax liability. This, in turn, can help to improve your overall financial performance.