A term often used in transfer pricing lingo is “contemporaneous transfer pricing documentation.” The meaning of this term is not always clear for everyone. In this short article we explain what it means.
Companies often spend a lot of time and money to analyze and document their transfer pricing arrangements. But proper implementation is equally important.
A transfer pricing policy ensures that everyone within the firm is “on the same page.” Moreover, it demonstrates that transfer pricing has been considered and implemented correctly, creating a record for internal and external stakeholders.
In this short article, we discuss what a transfer pricing policy is, why you should create one, and how to prepare one. [Read more…]
Companies usually spend a lot of time and money on the analysis and documentation of their transfer pricing arrangements. But the implementation of those arrangements is equally important. Intercompany agreements are an integral part of that process.
In this article, we discuss what intercompany agreements are, why they are important, what needs to be considered when drafting them, and what they normally include. [Read more…]
This article explains the difference between domestic and international transfer pricing. For understanding, we first need to look at domestic vs international controlled transactions.