© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Transfer Pricing
Posted 1st July 2016

Transfer Pricing

BDO is an international network of public accounting, tax and advisory firms which perform professional services under the name of BDO. We have representation in 157 territories, with 64.300 people working out of over 1.400 offices worldwide.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Transfer Pricing
Image

BDO is an international network of public accounting, tax and advisory firms which perform professional services under the name of BDO. We have representation in 157 territories, with 64.300 people working out of over 1.400 offices worldwide.

Our distinctive reputation for maintaining close relationships with our clients is built upon our commitment to all our stakeholders that what matters to them also matters to us. We work with our clients to define what exceptional client service means to them and we always aim to bring insight and up-todate thinking so that they can meet their objectives.

As an international accounting, tax and advisory firm, we provide all relevant services to businesses worldwide. We therefore can provide our client with tailor made services in a wide range of industries.

With respect to transfer pricing, we assist our clients in all aspects. This includes value chain tax structuring, preparation of transfer pricing documentation, provision of benchmark studies, dispute resolution and advance pricing agreements with the tax authorities.
Through our international network we are able to assist clients on a global scale, with the personal and pragmatic BDO approach our clients expect from us. This means that we maintain a close relationship and take the aspects that are most relevant for our clients as a starting point.

The Transfer Pricing Market

Transfer pricing is becoming increasingly important every day. Following the Base Erosion and Profit shifting (BEPS) project of the OECD and G20, businesses worldwide are facing new, more stringent approaches towards transfer pricing. Although at first this can be perceived as an additional burden and compliance costs, we believe these developments present opportunities for our clients both from a tax control as well as from a transparency perspective towards the stakeholders.

The BEPS project resulted in various recommendations towards the OECD member states, specifically towards how documentation should be prepared. These recommendations are also followed by various non-OECD countries. For companies, a global implementation of these recommendations results in a more uniform approach towards transfer pricing. This should significantly lower the burden and tax uncertainty in this respect.

The public domain has become critical towards companies with specific setups and relative tax burdens. A solid transfer pricing model can help prevent negative views on the company’s situation in this respect. Companies that have a transfer pricing model that is aligned with the business model remain in control, which significantly lowers their risks and uncertainty of their tax position, e.g. double taxation and penalties. Ultimately, this allows them to focus on what they can do best: running their business.

Knowing that your transfer pricing model is solid, the client is better able to manage and monitor budgets with the final results which leads to the fact that your annual accounts are correct and thus your tax returns are accurate. This limits the risks of discussions with local tax authorities and increases the level of control. Furthermore, with respect to a possible business model restructuring or merger, having an up-to-date transfer pricing policy reduces the risk that any changes or differences might have an impact on the transfer pricing policy without any notice.

Finding the right TP adviser

Due to the increased scrutiny by tax authorities along with new documentation requirements, and envisaged new regulations in the future, being in control of your transfer pricing is very important. It is therefore very important that the TP adviser knows the needs of the client and can anticipate on global transfer pricing developments.

Transfer pricing should have an international approach, whereby specific local regulations play a significant role. A one sided approach or advice from an adviser that does not have sufficient experience or a global network could do more harm than good.
Choosing an adviser that is involved, has an extensive network and is on top of new developments is therefore crucial.
Transfer pricing should be aligned with the business.

Since transfer pricing is very specific to each situation, there is no one-size-fits-all approach that can be applied. Each business needs to be analysed and the situation assessed to determine the most applicable transfer pricing model and thus arm’s length pricing. It is our experience that businesses sometimes have a different approach in this regard than what tax authorities are expecting to see.
Without solid advice and support, a company can think they have a solid transfer pricing model and substantiation, but in fact do not meet the requirements as imposed by local law and tax authorities. In addition, although the international community is seeking for more coherence, unilateral measurements can have a big impact on local compliance.

The Future

International business keeps growing and cross border intercompany transactions will increase significantly. BDO has a strong leadership in the Mid-market and has a growth strategy focussing on corporate clients doing business in different countries.International structuring cannot be achieved without proper value chain analysis and transfer pricing documentation. Therefore, being in control of transfer pricing is key priority for multinational enterprises. We have a strong international network that has much experience in dealing with these type of companies. Within BDO global I am part of the Transfer Pricing Centre of Excellence, assisting with global transfer pricing challenges, further expansion of the network and facilitating best practices towards other BDO member firms. With this network we have the right resources for building and maintaining client relationship which to us is of key importance and providing the clients with services they need.

Company: BDO Nederland
Name: Sjoerd Haringman
Email: [email protected]
Web: www.bdo.nl
Address: K.P. van der
Mandelelaan 40, 3062 MB, Rotterdam

Phone: 010 242 4600

 

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
What to Do After a Workplace Injury
Legal
22/04/2022What to Do After a Workplace Injury

Following an injury at your workplace, you have the right to workers' compensation benefits to cater for your medical bill, lost wages, and possible disability. Nevertheless, it's challenging to know what to do when you're ill or injured.

Read Full PostRead - Eye Icon
Maximising Value from the Cloud: The Role of Cloud Consulting Services
Strategy
11/01/2024Maximising Value from the Cloud: The Role of Cloud Consulting Services

In the era of digital transformation, cloud computing has become a cornerstone for modern businesses. It offers scalability, flexibility, and cost-effectiveness, transforming how organisations operate and compete.

Read Full PostRead - Eye Icon
Your Business Guide to Using Shopify Effectively and Making More Sales
News
15/08/2022Your Business Guide to Using Shopify Effectively and Making More Sales

Shopify can be a boon for small businesses, but only if you use it optimally. Improving sales figures and boosting customer loyalty is possible with the right tools and tactics on your side. This brief guide will get you started on your journey to leveraging S

Read Full PostRead - Eye Icon
Going Green with Legal Tech: How Digital Solutions are Cutting Down Paper Use
News
26/01/2024Going Green with Legal Tech: How Digital Solutions are Cutting Down Paper Use

Going Green with Legal Tech: How Digital Solutions are Cutting Down Paper Use Lawyers engage every day in a process that is known for and dependent upon consistency. Those dusty books you see in the background of every law office ever featured in television or

Read Full PostRead - Eye Icon
Phenomenex to be Acquired by Danaher Corporation
M&A
12/10/2016Phenomenex to be Acquired by Danaher Corporation

Phenomenex Inc., a privately held manufacturer and distributor of high-value consumables for the separation sciences, today announced it has signed a definitive agreement to be acquired by Danaher Corporation, a Fortune 150 science and technology company.

Read Full PostRead - Eye Icon
How Your IT Department Can Save On IT Costs
News
24/11/2021How Your IT Department Can Save On IT Costs

Businesses are often overwhelmed by IT costs since reliable technological infrastructure and its maintenance are expensive. And with the current pandemic crisis, companies have examined and replanned their budget to reduce, delay, or renegotiate for any potent

Read Full PostRead - Eye Icon
Where To Find Dedicated ReactJS Developers In 2022?
News
08/07/2022Where To Find Dedicated ReactJS Developers In 2022?

ReactJS is a mainstream technology incorporated by the world’s top organizations and businesses like Netflix, Facebook, Salesforce,  Instacart, and many more. Project owners keep adding this efficient and straightforward tool to their tech stacks. Conse

Read Full PostRead - Eye Icon
Tristan Capital Partners acquires logistics park in Germany for €31 million
Finance
01/04/2015Tristan Capital Partners acquires logistics park in Germany for €31 million

An fund advised by pan-European real estate investment manager Tristan Capital Partners has purchased a 24.3-hectare logistics park

Read Full PostRead - Eye Icon
Berkshire Hills Completes Hampden Bancorp Acquisition
M&A
22/04/2015Berkshire Hills Completes Hampden Bancorp Acquisition

Berkshire Hills Bancorp, Inc. has completed the acquisition of Hampden Bancorp, Inc., and the merger of Hampden Bank into Berkshire Bank.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow