Transfer Pricing Analyzer
The pace of change for transfer pricing (TP) is accelerating. As the OECD/Inclusive Framework BEPS recommendations are increasingly adopted into national laws, ever changing and tougher TP requirements and stricter enforcement place increased burdens on companies with international operations. Companies are struggling to keep up. According to a Deloitte survey, an average of 60% of global companies with over $1B in revenue are not satisfied with their current transfer pricing strategy or believe there is room for improvement.1 Companies are looking to minimize risk by developing a more cohesive approach to their entire TP function and by improving the efficiency of their processes.
You can increase productivity, manage risk and minimize cost with Transfer Pricing Analyzer (TPA). Develop transfer pricing expertise and insight with our comprehensive overview and comparison of TP regulations across 108 jurisdictions, as well as all relevant international guidelines. TPA includes references to the laws, regulations, relevant treaty articles, commentary and current awareness news to help you maintain a clear picture of transfer pricing rules applicable to your business. Collect data for a FAR analysis or assess the BEPS positions for group entities, and build out a transfer pricing analysis from a regulatory standpoint.
Maximize Value and Productivity
Provide insight and value to your team as the transfer pricing expert. With TPA, you can efficiently research and compare TP regulations across various jurisdictions. The links to regulations, treaties and forms provide references to government source documents, the commentary provides color and perspective from TP experts and the news provides updates on any changes. Build out the regulatory framework for a transfer pricing analysis to assess compliance with the regulatory side of transfer pricing. This will help determine if your present transfer pricing data analysis is sufficient or whether a new comparable data study is needed for your intercompany transactions.
Manage Risk
Provide a FAR or BEPS analysis of your company to identify any areas of risk and proactively address areas where you may need to be more prepared.
Monitor existing and changing TP requirements with various news updates aggregated from expert sources in international tax.
Retain your research results and analyses in the Projects area of TPA for future reference and maintain a picture of transfer pricing obligations across the jurisdictions in which you operate.
Minimize Cost
Build an integrated TP strategy by having a centralized overview and understanding of local regulations and requirements for each of your subsidiaries.
Develop the skills and expertise needed to maintain control of more knowledge and planning in-house, while working more efficiently with your advisors.