Can someone please provide a macro description of what a "Transfer Pricing" analysis entails?
Tax Professional Answers
During recent years, transfer pricing has gained greater attention from taxing authorities from all around the world. Countries have passed or introduced legislation with detailed requirements for taxpayers to justify and, more importantly, document that their intercompany pricing is at arm’s length. This mitigates the ability of companies to shift income from high-tax jurisdictions to low-tax jurisdictions.
At the most recent G-20 conference, Transfer Pricing was a visible topic. As a result of the conference, the nations that were present all agreed that the documentation to support the Transfer Pricing analysis between inter-company parties will be better scrutinized by local taxing authorities thus creating a greater burden on companies to provide even more contemporaneous documentation.
Please contact me directly for a complimentary value proposition to discuss the scope and application of a Transfer Pricing study when you have availability.
Tax Questions By Topic:
Meet Leading Tax Advisors
New York, New York, USA
Federal Tax Credits & Incentives Practice Leader
Lakeland, Florida, USA
Denver, Colorado, USA
Fullerton, California, USA
Topanga, California, USA
Rancho Santa Fe, California, USA
CEO/Certified Financial Advisor
Tyrone , Pennsylvania, USA
Greenville, South Carolina, USA
Longview, Washington, USA
Tax Consultant/Tax Advisor
Santa Clara, California, USA
Tax Principal - President
Chattanooga, Tennessee, USA
Stellenbosch, South Africa
Exchange Control & Master Tax Practitioner (SA)
Boston, Massachusetts, USA
Tax Partner, International Tax
Senior Tax Manager
Toronto Mississauga Oakville Burlington Hamilton, Canada