Transfer Pricing: Being Strategic
Transfer pricing is a critical component of business’s strategic planning, whether it be tax planning, supply chain restructuring, intangible property management, or business expansions and combinations. In addition, transfer pricing must be monitored and often adapted to ensure compliance with the ever-changing legal, regulatory, and business environments in which organisations operate. To be most effective, transfer pricing cannot be reactive, but rather must be understood as an integral component of strategic decision-making.