International tax and Transfer pricing

If you need clarification about transfer pricing compliance, our experts are here to guide you. We offer tailored solutions that align your practices with transfer pricing rules and regulations, optimizing tax efficiency and reducing the risk of penalties. Don’t let uncertainties hold you back – trust our professionals to confidently manage your transfer pricing challenges.

Transfer Pricing Documentation

International trade is increasing every year, but did you know that a third of all the world’s trade consists of intercompany transactions? This is a huge amount of global trade traffic and that is why transfer pricing has become a critical aspect for multinational corporations (MNCs).

KNAV’s transfer pricing practice can assist your company maximize tax efficiency and at the same time minimize the risk of tax adjustments and penalties.

Key areas where we offer assistance:

  • Preparing tailor–made transfer pricing documentation that ensures a consistent application of local transfer pricing rules and regulations across jurisdictions.
  • Preparing of BEPS aligned global/regional/country specific master file and conducting gap analysis with the group’s master file.

Preparing Country by Country Report (CbCR) as per the regulations of the jurisdiction where the reporting entity is incorporated.

Benchmarking Analysis

Given the operating environment, you want clear direction and understanding of the transfer pricing for your company’s intercompany transactions so that you can better budget and manage profitability.

To achieve that goal, we’ll work with you, applying KNAV’s transfer pricing benchmark analysis. Even if you conduct transfer pricing studies in-house, you will appreciate our assistance with benchmarking updates on an annual basis. Our global transfer pricing team assists the corporations with this exercise using various global and local databases that are acceptable to the local tax authorities in the respective countries.

This becomes the cost-efficient solution for corporations because they do not need to invest in expensive databases and are able to outsource the tedious benchmarking exercise.

Risk Assessment, Planning & Advisory

We analyze transfer pricing exposures, identify opportunities, and advise on the best strategies by blending our technical tax expertise with a thorough understanding of your business.

Key areas where we offer assistance:

  • Restructuring operations keeping the local tax laws in mind as well as the Double Tax Avoidance Agreements between countries.
  • Review of existing business model and suggesting alternatives with implications on overall supply chain from a transfer pricing perspective.
  • Assisting in designing comprehensive global planning solutions, including supply chain, cash repatriation, and international expansion.
  • Assisting in transfer pricing due diligence analysis and highlighting potential risk exposures.
  • Integrating transfer pricing after mergers, acquisitions, business changes.
  • Assisting in preparation of uncertain tax position (ASC 740-10) documentation under US GAAP for transfer pricing positions.

Dispute Resolution & Litigation Support

We will defend your transfer pricing policies before tax authorities for various inter-company transactions. Some of our key services includes:

Key areas where we offer assistance:

  • Assisting in representation before various tax authorities to defend the transfer pricing policy adopted and documented by the MNCs.
  • Developing defensible positions and compelling arguments, founded not only in transfer pricing principles, but also in consideration of the commercial decisions that have been made historically and the industry practices and legal restrictions or regulations that are in place at the time.
  • Identifying and gathering the relevant evidence that is crucial in supporting claims and statements made.
  • Assisting in the compilation and filing of submissions, information and documents as requested by the tax authorities.
  • Advising and assisting in the preparation and filing of Advance Pricing Agreement and Mutual Agreement Procedures before revenue authorities to avoid double taxation or at least achieve better tax efficiency.

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How is KNAV delivering Above & Beyond?

Our transfer pricing practice provides comprehensive solutions to optimize your company’s tax efficiency and minimize potential tax adjustments and penalties. We are the most trusted partner for cross-border solutions.

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