In an ever-changing global economy, transfer pricing has emerged as a key tax issue for multinational companies. It is an important driver of shareholder value, providing an opportunity to optimise the value of a business by effective tax rate and franking credit management.
Managing transfer pricing risk remains critical in an increasingly aggressive environment. The Australian Taxation Office (ATO) has continued to stress its focus on transfer pricing and is currently considering adjustments which, in aggregate, amount to billions of dollars. Taxpayers will continue to face regular investigations from the regulator as transfer pricing is included as an integral component of the risk reviews being rolled out under the ATO's co-operative compliance program.
How PwC can help you
We will work with you to ensure your organisation's international financial position is effectively managed and your fiscal risk covered, and together we will put your company in the best possible position to take advantage of the benefits of globalisation and international structuring.
Our team is able to draw upon global networks to offer you access to specialist knowledge and leading edge tools and solutions relevant to your industry in the areas of:
Pricing Knowledge Network PKNŽ
The Pricing Knowledge Network PKN is a no-cost service providing members with up to date information about transfer pricing.