In simple terms Transfer Pricing refers to the pricing of contributions – Assets (tangible & intangible), services & funds. The rules relating to transfer pricing have become an important tool for a growing number of tax authorities around the globe in retaining tax revenues that would otherwise go to other countries. The choice of the transfer price can affect the allocation of total profit in parts of your company. This has become a major concern for these taxing authorities who have concerns that multinational taxing authorities may set transfer pricing on cross border transactions to reduce taxable profits in their jurisdiction. This has let to the rise of transfer pricing regulations and enforcement, making transfer pricing a major compliance issue for multi national companies. Compliance with the differing requirements of multiple overlapping tax jurisdictions is a complicated and time consuming issue.
Our team of experts possess the local and the global knowledge required to assist multi national companies find tax efficient ways of meeting their obligations. We help develop a transfer pricing policy and keep that policy updated with new rules and regulations as and when required. We will also represent you and prepare a detail response for tax authorities when challenged and provide them with required documentation.
Compliance Services:
Our tax compliance solution offers assistance in complying with tax, accounting and reporting requirements to regulators from different countries. We follow a three step process for our clients called AIM Systems. Our ARI systems are developed based on experience and knowledge acquired by our professionals.
AIM System:
Analyze – We thoroughly analyze your processes and systems in various parts of your organization in different countries. Our teams of experts meet with the executives of your company and go through a detailed process of analysis within your organization. This helps us completely understand the deficiencies in your compliance with regulators. We go through a process of review and research based on requirements by various regulators in different countries.
Implementation - After we have analyzed and research we work in the process of implementation. We develop a report showing you areas which needs compliance within your organization. We develop a detailed plan and present it to the management of your firm. Upon your managements approval our team of professionals would start implementation process.
Maintenance – Since compliance issues keep on changing periodically it is very necessary for us to review your compliance structure on regular basis. At times we do it quarterly, annually or as needed basis. We notify you periodically about changes in the different rules and compliance issues affecting you with change in laws set by regulators.
Mergers & Acquisitions:
If you plan to expand globally you cannot ignore the opportunities present in growth with mergers, acquisitions and disposals. When you make a decision to acquire, merge or dispose off your non performing assets or non-core businesses it is very necessary to manage tax risk and ensure cash flow and profitability will be optimized. In international transactions you will encounter different regulations and different business culture which can significantly increase your risks.
We have M&A tax specialists in our firm that can offer you experience advise on deal structuring, financial advice and indepth tax advice during the life cycle of the deal. Our professionals around the globe keep in contact with each other, with the clients and tax authorities. They keep themselves updated with the knowledge required to execute the deal on your behalf.
We provide complete due diligence for the acquiring firm. We offer our opinions for acquisitions, joint ventures and divestments. We can also help you secure financing required for the acquisition and calculate your payback time frame on it. On mergers we eveluate the entire scheme for you and represent you when required. We can also assists you with restructuring, divestment or liquidation. |