Faced with U.S. tax reform, BEPS, and an ever-evolving regulatory climate across the globe, now more than ever, multinational companies must ensure their international and domestic transfer pricing policies for cross-border transactions withstand the scrutiny of various tax authorities. GTM brings the deep technical knowledge, experience, and a worldwide tax network needed by companies today to navigate this uncertain landscape. From conducting functional analyses and benchmarking studies, to crafting intercompany policies and transfer pricing documentation and planning, GTM offers a full array of transfer pricing services.
Budget constraints and talent shortages often leave multinational companies lacking in dedicated in-house transfer pricing resources. GTM provides on-call transfer pricing expertise, oversight, and support needed to meet tax and reporting and compliance requirements without adding full-time headcount.
Our transfer pricing team brings the extra horsepower when and where needed. We work side-by-side with tax departments and perform the same day-to-day operational transfer pricing tasks of an in-house transfer pricing specialist, but with many added benefits, including bringing transfer pricing insights and best practices from other leading companies, utilizing powerful data management tools such as GTMpower, and leveraging the strength of our WTS Global Network. Free your tax department to manage strategic priorities and let GTM shoulder the burden of processing routine management fee calculations, drafting policies and streamlined processes to manage transfer pricing, and working with your legal department to memorialize transfer pricing policies in intercompany contracts.
Multinational enterprises face a host of disparate transfer pricing documentation requirements in the multiple tax jurisdictions where they operate. Failure to have thoughtful and defensible transfer pricing positions documented in a robust package may expose companies to onerous interest and penalties, and in some cases double taxation. To mitigate such risks GTM takes a risk-based approach to preparing contemperaneous transfer pricing documentation, focusing our efforts on applying the best method for analyzing the transfer pricing results of high-value intercompany transactions, transactions specifically targeted by certain tax authorities such as those involving intangibles, and transactions involving tax jurisdictions where tax audits are probable. GTM prepares transfer pricing documentation that shields your company from penalties while also serving as a first line of defense in case of a tax audit.