Transfer pricing affects almost every aspect of a multinationals business, from R&D and manufacturing to marketing, distribution and after-sales service. Consequently, transfer pricing is a major influence on a multinationals worldwide tax burden.
Minimising the risk of double tax and using transfer pricing to drive benefits within global groups is not the only reason multinationals need to comply. Increased focus on transfer pricing rules and cross-border transactions by revenue authorities and greater collaboration between jurisdictions across the world is also driving this trend.
We have created a separate Transfer Pricing Cell possessing the necessary knowledge base to handle Transfer Pricing assignments and assist our clients in meeting with the onerous documentation requirements imposed on them by the statute.
We also provide advisory services with respect to Advance Pricing Agreements and Safe Harbour Rules that impact the International Transactions.