Tribunal rules on TP adjustment considering notional costs
PwC is well positioned to advise you on a strategy that can help advance your goals within the ever-shifting compliance landscape. Whatever the nature of your business – high-growth entrepreneur, mid-size company or market leader – and whatever your industry, we have the tools, the local presence and the sophisticated, up-to-date regulatory knowledge to help you stay ahead of the game. Our services comprise of the following:
a. Transfer Pricing documentation
b. Representation and litigation support
d. Specialised offerings
Ref : Notification No. 52/2017, dated 15 June 2017
Ref: APA Programme of India – Annual Report (2016-17) – April 2017
The final guidance from the Organisation for Economic Co-operation and Development (OECD) on transfer pricing documentation and country by country reporting (CbCR) represents a significant development for today’s multinational enterprises (MNEs).
While transfer pricing compliance is principally a matter for senior tax executives, responsibility for the actual execution of inter-company transactions is generally spread out across a broad chain of often detached internal functions and distant offices.
Significant new rules, capital requirements and fiscal pressures are forcing financial services groups to restructure their transfer pricing practices. PwC can help.
PwC Transfer pricing Global Coordinated Documentation service
Dealing effectively with tax transparency