Transfer pricing: Documentation and planning

Tax authorities worldwide are imposing new and stricter transfer-pricing documentation requirements on companies—and failure to comply can result in significant penalties.

Global Core Documentation™
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Transfer pricing in the news

News and views from PwC's Transfer Pricing practice with articles covering the significant transfer pricing developments impacting your company.
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Transfer pricing webcast series


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FSTP perspectives

PwC's bimonthly publication offers an insight into trends and developments in financial services transfer pricing.
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The Global Tax Monitor (GTM)

The GTM recognises PwC as the leading adviser globally for transfer pricing, by reputation, with a very strong lead over the competition. These results are based on the year-ending Q2 2011 figures, with a sample size of 3,311 primary buyers of tax services globally.
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To cope with this ever-shifting burden, it is essential that taxpayers have in place an efficient framework for producing the documentation required to defend their transfer pricing data. Historically, companies have employed a non-coordinated, country-by-country approach—frequently resulting in expensive duplication of data collection efforts, and transfer pricing reports that are inconsistent with the global needs of the company.

The PwC advantage

PwC’s global transfer pricing network can help you develop transfer pricing documentation and defence files that are coordinated across all your territories, and consistent with your needs. Using our Global Core Documentation™ system, we prepare a global core document package containing common data and background information. This core documentation is then appropriated by each country as part of its separate country report, with the support of our team. The process is coordinated globally to ensure consistency and accuracy in disclosure.

¹ TNS Global Tax Monitor data, Q2 2009. The Global Tax Monitor is a multi-client independent survey of more than 3,000 key tax decision makers per annum (CFOs and Tax Directors) in 31 key markets worldwide.