Transfer pricing should be top of mind for multinationals right now.
Tax authorities, international aid organisations and treasury departments are all looking closely at this complicated aspect of international tax. Companies must ensure that the right amount of tax is being paid in the right jurisdictions as there are significant penalties for getting it wrong.
Transfer pricing is more than simply a tax risk however; it is also a reputational risk. So the major benefits of having your transfer pricing house in order are:
Contact an expert
Grant Thornton South Africa’s specialist transfer pricing team can assist you through all the phases of the transfer pricing life cycle:
Contact us if your company has complex transfer pricing issues, or you need practical advice from an experienced transfer pricing specialist. Our services include: