TRANSFER PRICING COMPLIANCE

TRANSFER PRICING COMPLIANCE: – The expression “transfer pricing” generally refers to prices of transactions between associated enterprises which may take place under conditions differing from those taking place between independent enterprises. It refers to the value attached to transfers of goods, Services and technology between related entities located at different territories. It also refers to the value attached to transfers between unrelated parties which are controlled by a common entity. Transfer pricing compliance means meeting all the guidelines and regulations issued by the tax authorities. Compliance is a necessary evil. If you fail to comply with the regulations and guidelines, you risk audits, penalties and questions. 

Our Transfer Pricing Compliance Services Include:

1. Transfer Pricing Documentation: We assist clients in preparing comprehensive transfer pricing documentation to support their intercompany transactions. Our team conducts thorough analyses, including benchmarking studies and economic analyses, to establish arm’s length pricing and mitigate transfer pricing risks.
2. Country-by-Country Reporting (CbCR): Our experts help multinational enterprises comply with CbCR requirements by preparing and filing accurate and timely reports in accordance with OECD guidelines. We ensure that clients meet their reporting obligations across jurisdictions while managing data privacy and confidentiality concerns.
3. Master File and Local File Preparation: We help clients prepare Master File and Local File documentation as per OECD guidelines, providing detailed information on the group’s global operations and local transfer pricing policies. Our goal is to facilitate transparency and compliance with transfer pricing regulations.
4. Advance Pricing Agreements (APAs): We assist clients in negotiating APAs with tax authorities to establish upfront certainty on transfer pricing methodologies and pricing arrangements. Our team prepares and submits APA applications, conducts negotiations with tax authorities, and manages ongoing compliance with APA terms.
5. Transfer Pricing Audits and Dispute Resolution: In the event of transfer pricing audits or disputes, our firm provides expert representation and support to clients. We assist in responding to audit queries, preparing documentation, and presenting arguments to tax authorities to resolve disputes efficiently and minimize tax exposure.

At Shubham Mangla & Co., we are committed to helping businesses navigate the complexities of transfer pricing compliance with confidence and ease. Contact us today to learn more about our transfer pricing services and how we can support your international tax needs.