Transfer pricing

The legislations around transfer pricing are becoming even more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public.

Globalisation and the continued growth of international trade have made intercompany pricing a material and demanding issue for many businesses. The increasing complexity of businesses, together with the more difficult transfer pricing documentation requirements around the world and the demands for more tax clarity, mean that the need for a ‘fit for purpose’ transfer pricing strategy and execution is more important than ever before.