![]() EY Transfer Pricing Engineĭiscover the EY Transfer Pricing Engine – an efficient and streamlined framework to help you approach, monitor and analyze your intercompany transactions with one core system. Our flexible approach can help you develop sustainable practices to execute, monitor and report intercompany transactions. EY teams have developed a structured and scalable transfer pricing framework for improving transfer pricing implementation and building integrated systems and processes that function across tax, business units and operations. Operationalizing transfer pricing policies is an ongoing challenge with varying levels of complexity for many multinationals. Implementing intercompany transfer pricing effectiveness When deployed, these tools can help organizations generate timely insights from a transfer pricing framework that are directly related to intercompany transactions. The EY Transfer Pricing team has technology tools to enable you to monitor intercompany flows and manage intercompany pricing reporting and risks. To effectively navigate business-driven changes in real time, organizations must remain nimble and gain footing by thoroughly understanding supply chains, functions and risks. The EY risk-based transfer pricing approach allows you to align your company’s business strategies and tax considerations with your risk profile. ![]() Whether you choose to apply a globally centralized approach or a decentralized approach to your documentation needs, you should understand, anticipate and be flexible to the rigorous transfer pricing scrutiny in the countries where you operate so that you meet the local requirements, particularly where there is heightened risk. Properly documenting intercompany transactions is the first line of defense when your transfer pricing practices are challenged. 57% say they are not involved enough in key business decision-making.58% cite new legislation among their top three transfer pricing risks.65% feel they lack input into key business decisions.76% are challenged by the volume and complexity of global tax reforms.A global survey of transfer pricing leaders indicates: As government policies shift, and tax authorities share data, it is imperative to fully understand how transfer pricing works and its relationship to managing tax risk. ![]() The purpose of transfer pricing services is to appropriately price and document intercompany transactions to comply with various countries‘ rules and legislations. With transfer pricing and the optimum allocation of business functions and risk increasingly gaining as critical tax forecasting metrics, now is the time to position transfer pricing as an increasingly important component in your tax and business considerations. Today’s leaders understand that as authorities tighten their focus and tax laws change around the world to capture their “fair share of taxes,” traditional approaches may be less impactful for managing a global effective tax rate.
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