Transfer pricing governs the pricing of intra-group transactions between members of a multinational group. Generally, these transactions can be in the form of tangible goods, services, intellectual property or funding.

Transfer pricing continues to be in the spotlight and is an important matter for all multinational groups. In July 2013, the Organisation for Economic Co-operation and Development (OECD) initiated the Base Erosion and Profit Shifting (BEPS) Action Plan. The BEPS Action Plan was finalised in October 2015, and consists of 15 key actions for identifying and curbing aggressive tax planning and practices, and modernizing the international tax system.

What we do?

In response to this new international environment, FSC Tax&Legal’s transfer pricing practice helps groups develop and implement economically supportable transfer prices, document policies and outcomes and respond to tax authority challenges. FSC Tax&Legal offers its clients a range of services covering the entire cycle of the decision-making process:

Identifying potential BEPS risks and opportunities resulting from changes to the international tax environment
Defining and implementing appropriate measures to address the potential risks arising from regulatory changes, from a global and local perspective.
Complying with the new tax and transfer pricing obligations within the new international tax environment.

How we help clients?

FSC Tax&Legal can help groups manage their transfer pricing issues by:

Design and developing economically supportable transfer pricing policies
Helping manage risk within the current tax environment of detailed transfer pricing regulations, strict documentation requirements, sophisticated audit practices, and significant penalties for non-compliance with an objective perspective which provider consistency when analysing and documenting intra-group transactions
Developing and implementing policies, procedures, and systems for setting, monitoring, and documenting intra-group transactions, including assistance with country by country reporting
Assistance with transfer pricing disputes, including assistance with advance pricing agreements, competent authority negotiations, arbitration, and litigation support
We have a specialist transfer pricing team. The team forms part of FSC Tax&Legal’s network of global transfer pricing professionals around the world. This helps us look beyond borders and understand the nuances of different national tax regulations
For more information on how FSC Tax&Legal’s transfer pricing services practice can help with your global transfer pricing, please contact us.