TP Planning, Documentation and assistance in Compliances
Many multinational organizations are expanding their volume of related party transactions which will enable to improve their supply chains. This has increased the tax authority collaborations cross border which comes along with opportunities and risks.
Transfer pricing transactions requires proper compliances default in which will result into Penalties. To avoid these penalties tax payers should carry out in a reasonable manner a process of self-compliance which itself is a complex task in such kind of cross border transactions. In such a case our team of professionals would guide by giving the following services:
Assessment of potential adjustments and penalties
To fully understand the exposure of transfer pricing adjustments, assist in minimizing penalties and help in implementing reporting standards.
Transfer Pricing Policy
Our team of professionals can help to plan global transfer pricing strategy and optimize the results by allocating the assets , functions and risk in the specific jurisdiction
To determine target profit margins based on proposed scenario for utilizing data from proprietary database
Valuation of Intangibles
To value intangibles of related parties
Help to comply with Treasury Regulations to reduce the chances of transfer pricing adjustment to avoid potential assessment of penalties
Represent on behalf of the tax payer during transfer pricing examinations, negotiation of Advance Pricing Agreements, coordination and submission of application with the competent authorities to reduce the double taxation risk