Risk and reward of transfer pricing
- barboramatusinska
- 1 day ago
- 1 min read
For multinationals, getting transfer pricing right means optimising profit without regulatory risk. In a changing global landscape, this is becoming a lot harder.
Successful cross-border businesses use transfer pricing to optimise profit distribution across their subsidiaries. It is a challenging process involving strategic, operational and legal policy development, country by country, with robust documentation, transparent reporting and financial control.
The recent widespread introduction of trade tariffs will inevitably impact the profit strategies of many multinational businesses, so that re-assessing existing transfer pricing (TP) policy will be essential. What’s more, ongoing attempts by global tax authorities to simplify and harmonise transfer pricing rules means the regulatory environment seems to be in a constant state of flux. TP has never been more complex.
Working together
At UHY we have always recognised the value our TP specialists can bring to international clients. Our local knowledge is invaluable and because we work together often and know each other well, we are able to provide excellent TP solutions.
Read the full article in our recent UHY Global publication Global Issue 20
