While many multinational corporations (MNCs) have informed, well-supported transfer pricing policies and tax compliance documentation, they are often challenged with the day-to-day financial implementation of their transfer pricing policy. Failure to properly address this challenge can result in large year-end adjustments, process inefficiencies and increased tax costs. With increased scrutiny and tighter transfer pricing regulations expected in 2013, how can MNCs efficiently manage their day-to-day transfer pricing implementation, increase pricing transparency, and ensure accounting integrity for their intercompany pricing year round?
In this webcast, Thomson Reuters and Ford Motor Company transfer pricing experts will discuss these issues and provide best practice approaches to minimise risk and maximise tax savings in 2013. This informative session will cover:
• Current challenges and trends in global transfer pricing
• Best practices to effectively implement, monitor, and adjust intercompany prices year round and avoid large year-end true-ups
• Leveraging technology to automate and streamline the transfer pricing process
• The Ford Motor Company implementation success story