Multinational organizations and transfer pricing regulation
As more goods, services and intangibles flow between countries, governments eager to defend their respective tax base have imposed strict and complex transfer pricing regulations and stiff penalties for non-compliance. One of the best courses of action for tax executives is to plan for the future and address transfer pricing issues long before any transactions occur.
To meet these requirements, your multinational business should consider an effective global approach to transfer pricing that encompasses arm's length pricing, not just for tangible goods, but also for services and transfers of intangible assets, group financing, and other key areas.
Multinationals must comply with local rules that may vary widely while also interpreting guidance set out by the Organisation for Economic Co-operation and Development (OECD). They must be able to present cogent arguments that support transfer pricing decisions, are substantiated by thorough, authoritative analysis, and that take into consideration local country rules governing their transactions.
How KPMG's Transfer Pricing professionals can help
Our multidisciplinary team of economists, tax practitioners, lawyers, and financial analysts that comprise our Transfer Pricing Services do more than simply help your business comply with national transfer pricing rules. They take a larger view and look beyond the present to help you establish policies that can make your transfer pricing commercially viable and tax-efficient.
Read More about how KPMG's Transfer Pricing Services can help you [PDF 1.71MB]