Companies are under more pressure than ever to find efficient ways to manage Transfer Pricing (TP) documentation. The evolving Organisation for Economic Co-operation and Development (OECD) recommendations are being expanded to include additional local legal requirements and tax authorities expect local detail and accuracy in auditing.
Deloitte helps organisations with the tactical and strategic aspects of transfer pricing documentation. In addition to developing compliant transfer pricing documentation, we work with you to improve your TP documentation processes and business model, including balancing internal capabilities with those of Deloitte's teams and adopting approaches, tools and technology that improve efficiency and generate valuable insights.
How do companies achieve the required localisation while maintaining the necessary global consistency? The biggest challenge is doing this without a lot of resources and costs.
Deloitte understands this challenge. 99%* of companies outsource part of their work, they want to work with their service provider to distribute the work in different ways, whether it's benchmarking, local country files, functional analysis, master file or co-ordination of documentation. To meet these needs, our approach is flexible and tailor-made.
Download Deloitte's Transfer Pricing Documentation Summary for a quick overview of country-by-country (CbC) reporting and documentation around the world.
Technology is important for delivering the efficiency and consistency needed to meet the expectations of stakeholders, organisations and regulators. Deloitte can work with the TP documentation tool you already use, or we can use our own global web-based application, TP Digital Dox, to generate Transfer Pricing reports.
By combining the capabilities of Deloitte's network with yours and using powerful solutions to prepare global TP documentation reports, we can increase the business value delivered by your Transfer Pricing activities today while positioning your organisation to meet tomorrow's challenges.