The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public.
Well-run businesses need to consider this new emphasis on compliance and audit activity. Through our international organisation of member firms, we can help you understand these ever-more complex issues as your business continues its journey to growth.
Although these laws may share common features across various countries, the interpretations can differ from one country to another.
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Making sure you take the right approach to compliance takes time and patience, as demands and penalties from authorities are increasing.
At Grant Thornton, our people can offer real insight in the following areas:
- audit support – our sophisticated economic arguments, research and databases can help you defend your transfer pricing policies before tax authorities
- documentation – we use local knowledge to prepare country-specific documentation to satisfy tax regulations in your region
- planning – the growth or restructuring of a company doing business internationally provides an opportunity to review transfer pricing and tax planning to minimise tax burdens
- supply chain re-engineering – we offer critical analysis of your supply chain to help you gain operational efficiencies.