TP Global
Global Transfer Pricing Compliance Made Simple
Let’s get a clear picture of your global TP needs.
Simply provide us with some initial details, and we’ll handle the rest.
About Us
We at TP Global know the importance of accurate transfer pricing compliance and the confusion it can cause taxpayers and accountants. This made us recognize the need to simplify the approach to transfer pricing compliance without compromising the quality of our work.
We understand that navigating global compliance can be tough, time-consuming, and expansive. Our goal is to provide a comprehensive solution that considers the unique circumstances of the case, including the regulations in the tax jurisdictions where the group operates, the specific needs of the group, etc.
TP Global News
TP Planning
Transfer pricing planning is an important part of the overall transfer pricing strategy, helping to avoid high costs, double taxation and reduce the risks of tax disputes.
Transfer pricing documentation requirements can vary depending on the transition, the countries involved, and the characteristics of the group in which the entity operates.
TP Compliance
Transfer pricing compliance is more than just documentation, it includes the submission of the required forms, reporting of the relevant information, and more.
F Q A
Transfer pricing is a subcategory in the field of international taxation. It deals with situations where two related parties in different tax jurisdictions engage in transactions, including, loans, R&D services, distribution services, and more. Transfer pricing studies aim to show that the pricing set in these transactions is at arm’s length. In other words, the pricing should be similar to what would have been established if the same transaction had occurred between unrelated parties.
Not every international transaction requires a transfer pricing study! If you have transactions with related parties in different tax jurisdictions, such as subsidiaries, you are subject to transfer pricing regulations. Whether you need a full study, a master file, or a benchmark analysis would be sufficient, depends on the jurisdictions in which the entities operate and the nature of the transaction.
No, transfer pricing regulations vary from country to country. While most countries base their regulations on the OECD transfer pricing guidelines, they often include specific rules unique to their jurisdiction. For example, in Romania, control of another entity is defined as holding at least 25% of the participation titles or voting rights, while in Greece it is defined as 33%.
Yes, proper tax planning can set the appropriate entity types, holding structure, transition flows, etc. In some cases, it can even eliminate the need for a transfer pricing study. Moreover, tax planning can help mitigate the risks of double taxation, tax disputes, and other related issues.
Yes, transfer pricing regulations and compliance are complex, requiring expertise not only in transfer pricing but also in the broader tax code and other relevant regulations.
TP Regulations in the World
Although the basis of transfer pricing regulations is generally similar across most countries, each country has its own specific rules that can differ significantly from others. Understanding these differences is crucial to ensure correct compliance for both parties involved in the transaction.