
Transfer pricing
Transfer pricing (TP) is the control of prices in transactions between related parties and counterparties from low-tax jurisdictions.
The key principle of TP is that prices in controlled transactions should correspond to the level of prices that would have been established between independent companies under comparable market conditions.
Substantiating the price level in such transactions is a complex of analytical procedures that requires the use of special tools.
BakerTilly transfer pricing specialists will:
identify a complete list of existing and potential controlled transactions;
assess risks and provide recommendations for their minimization;
perform all necessary analytical procedures to substantiate the price level in controlled transactions;
prepare a complete package of transfer pricing documentation;
support in communications with regulatory authorities.