More justification is being required on transfer pricing

11/12/2009 | WebCPA

Regulators around the world are demanding increasing justification for transfer pricing, according to a report from KPMG. "Multinational companies now need to adjust rapidly to new, much more difficult conditions and take a careful look at 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," KPMG principal Steven Fortier writes in the report. New ways of showing that appropriate prices were charged for intergroup transactions are needed, Fortier argues.

View Full Article in:

WebCPA

Published in Brief: