KPMG's latest global report Planning for the Recovery: Examining Transfer Pricing in the current environment and beyond features a collection of articles from leading transfer pricing professionals at KPMG member firms. The report highlights the need for multinational companies to take a careful look at the guidance from tax authorities, as well as their own current practices, in order to redraw transfer pricing policies in the new and different economic environment.
The articles deal with a variety of transfer pricing issues, including:
The collective message is that many transfer pricing systems globally are facing unprecedented stress as the recession forces companies and revenue authorities to reassess their economic expectations. A longer-term and global perspective is vital to achieving satisfactory results today and exploiting change beyond the current climate for lasting benefit.
To learn more about these difficult transfer pricing issues, and the implications for tax departments, access the full study here.