Transfer pricing is the price at which products and services are transferred between international subsidiaries and similar entities.
Tax executives should plan for the future and address transfer pricing issues long before any transactions occur.
To meet the requirements of widely varying local rules and model rules set out by the OECD, 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.
Some businesses also turn their transfer pricing policies into strategic tools for investment and supply chain decisions, as well as for global tax planning.
The economists, tax practitioners, lawyers, and financial analysts of our Transfer Pricing Services practice take a broad view and look beyond the present to help you establish policies to that can make your transfer pricing commercially viable and tax-efficient.
Our Transfer Pricing practice operates in every region of the world to assist with your transfer pricing needs wherever your company does business.
A multidisciplinary approach takes into account all aspects of Transfer Pricing.
Planning - Does your company have commercially sensible and fiscally viable transfer pricing policies? It's important to work with a firm that understands them and can help you develop and later modify them as new rules or circumstances require.
Compliance and Documentation - To comply with local fiscal requirements, you should design transfer pricing policies and procedures, and prepare documentation for a strong first-line of defence against fiscal authority audits. You can do this with KPMG's Interpreter®, our advanced, Web-based transfer pricing technology.
Dispute Resolution - When tax disputes arise, it's important to plan a strong, detailed response backed by economic and legal justifications for your existing prices. It's also very helpful to have assistance from qualified and experienced Transfer Pricing professionals in your dealings with fiscal authorities to look for avenues and options tailored to your needs.
Alternative Dispute Resolution - Have you assessed the risk of fiscal authority challenges? Do you know how to reduce and manage transfer pricing risk factors? Our Transfer Pricing professionals can assist you with Advance Pricing Agreements (APAs) or Competent Authority and Accelerated Competent Authority Procedure (ACAP) claims and negotiations.
Please contact us to find out more about how we can help you.