Transfer pricing is one of the most challenging tax issues facing multinational companies.
Globally, more countries are recognising the importance of transfer pricing and enacting laws in this area. Complying with different requirements across multiple jurisdictions can be a complex and time-consuming task.
Grant Thornton’s team can help you with all of your local and international transfer pricing requirements. For instance, we’ve helped clients with tasks including:
- developing a transfer pricing strategy that supports broader strategic goals
- preparing and maintaining local, regional or global transfer pricing documentation
- pricing of intercompany debt and arm’s length debt testing
- reviewing transfer pricing risk arrangements to identify potential areas of exposure
- resolving transfer pricing disputes with tax authorities
- negotiating advance pricing agreements
- in-house transfer pricing training
- liaising with other Grant Thornton offices to solve issues in countries where your business operates
In our experience, a robust transfer pricing strategy involves a mix of accounting, customs, logistics, tax consulting and economic analysis. Our expert advice encompasses these areas, and considers transfer pricing in the context of international business. This means that we also take into account factors such as tax-efficient business structures, repatriation of profits, double tax treaties, global employee mobility, inbound and outbound investments, and withholding tax.