Transfer pricing is a challenge area in the field of international taxation with which multinational businesses performing intragroup transaction must comply. It is essential for every business to maintain a robust transfer pricing documentation file to support its intragroup pricing against challenges that will be imposed by the tax authorities of the interested state.
Being aware of the basic transfer pricing principles and the situations in which an obligation for the preparation of a transfer pricing study arises, will ensure effectiveness in informing the clients of their obligations and providing the at most assistance in fulfilling such obligations.
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