Transfer Pricing (TP) generally refers to intercompany pricing arrangements for the transfer of goods, services and intangibles between associate persons. TP is one of the key areas of scrutiny by the IRB.
From requirements of the tax regulations and guidelines issued by the tax authorities, which are in line with the OECD’s initiatives for transactions between associated persons to be carried out on an arm’s length basis, to the need for businesses to maintain proper documentation including an explanation of the value creation story of a business, BDO’s TP team is well placed to assist our clients in terms of planning, compliance and tax controversy management including the following:
- Preparation of TP documentation
- Development of an inter-company TP policy
- Review of intra-group services and agreements
- Advance pricing agreements
- TP audit management
- TP dispute resolution