Global & European Transfer Pricing documentation

Tax authorities worldwide are imposing new, stricter documentation requirements on companies in relation to their transfer pricing arrangements, and failure to comply can result in significant penalties. With the ever-changing transfer pricing regulations, companies need an efficient framework for producing the required level of documentation to defend their transfer pricing data.

Taxpayers have historically prepared their transfer pricing documentation using a country-by-country approach that is in no way coordinated across territories. This frequently results in duplication of data-collection efforts and contradictory transfer pricing reports that are inconsistent with the global needs of the company.

The PwC advantage

Our transfer pricing team will help you develop coordinated global transfer pricing documentation and defence files consistent with your needs. Global Core Documentation™ entails the preparation of a global core document package containing common data and background information that can be shared among the countries requiring documentation. This core documentation is then appropriated by each country as part of its separate country report, with the support of our team. The process is coordinated globally to ensure consistency and accuracy in disclosure.