Switzerland: Big data approach to transfer pricing

Switzerland: Big data approach to transfer pricing

Tax directors need to understand and leverage "big data" in the transfer pricing context, to manage tax and transfer pricing exposure. Analysis of big data may simplify transfer pricing cycles and provide valuable insights—for example, structured ERP information evaluated with a big data approach can yield significant intelligence about what is currently happening in a global world of intercompany transactions.

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The OECD has indicated that with respect to its base erosion and profit shifting (BEPS) work in the area of transfer pricing, consideration must be given to data that characterises many companies in the digital economy—but this approach not only concerns digital companies, but also traditional industries and sectors.

 

Read a January 2015 report prepared by the KPMG member firm in Switzerland: Transfer Pricing and the Big Data Imperative

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