Multinationals face heightened interest in their tax and transfer pricing positions. There is an old saying that the best defense is a good offense. In the transfer pricing world, the best way to safeguard against potential transfer pricing challenges is to set up a proper transfer pricing policy in advance of commencing related party transactions.
To safeguard against potential transfer pricing challenges and double taxation, implementing a proper transfer pricing policy is crucial to proactively ensure consistency of your arrangements with the arm’s length principle and protects against potential challenges and double taxation.
We can assist you with setting a policy for a specific intercompany transaction, a newly established entity or for the whole group.