Accounting, Audit & Tax Awards 2017

12 Acquisition International - Accounting, Audit & Tax Awards 2017 Best Transfer Pricing Firm - Europe Quantera Global Quantera Global is one of the world’s leading, independent transfer pricing advisory firms, providing specialist transfer pricing planning, compliance and advisory support services to multinationals across the globe through its extensive network of offices and alliance partners. We explore the wide range of solutions it provides and examine how it dedication to excellence has helped it to achieve its current success. Company: Quantera Global Name: Rudolf Sinx e-mail: info-qgnl@ quanteraglobal.com Web address: www. quanteraglobal.com Address: Eindhovenseweg 128, 5582 HW Waalre, The Netherlands Telephone: +31 88 221 5800 HF170035 Quantera Global provides advice on three service levels: design, document and defend, with the addition of strategy and implementation. The foundation of any good transfer pricing system is a robust design that takes full account of the commercial and operational framework of the business. Quantera Global’s approach to design ensures that all relevant parameters are considered in the development of a transfer pricing model that works in tandem with a company’s accounting and legal framework and is supported by economic substance. The optimal design of a transfer pricing system will enable effective tax rate management as well as a significant reduction in the likelihood of an audit or tax authority scrutiny in the future. Preparation of transfer pricing documentation is the only way for companies to evidence their compliance with the relevant transfer pricing rules. Irrespective of whether preparation of documentation is mandatory or highly recommended, it is always the best evidence of a company’s compliance with the arm’s length principle and its statutory obligations. Meeting documentation requirements minimises compliance penalties that may apply on any transfer pricing adjustment applied by the tax authorities. The company’s mission is to be the trusted transfer pricing advisor, providing tailor-made, high-quality, pragmatic and cost-effective support, building long- term professional relationships with its clients. In order to achieve this, the firm truly listens to its clients, assessing their wishes and requirements in order to fully comprehend their business. The last pillar of Quantera Global’s support is defence, which may include defining the risk management strategy, supporting local transfer pricing audits, as well as concluding APAs and MAPs. Regardless of the rigour and care in design of the transfer pricing system for a multinational company, tax authorities may from time to time decide to perform an audit or investigation. This trend is increasing in a number of jurisdictions as pressure mounts on governments to seek new sources of revenue for their national budgets due to the continuing economic crisis. As part of a good risk mitigation strategy, many multinationals consider entering into an Advanced Pricing Agreement (APA) to provide certainty in transfer pricing matters for a defined future period. In order to facilitate the assessment of Transfer Pricing needs, Quantera Global has set up its own TP Matrix, a tool that enables (potential) clients to see whether they need to address any transfer pricing issues and what those issues are in any specific country. The firm can then provide the necessary hands-on assistance, in which the senior partners, together with their junior counterparts, are fully involved. Through a system of permanent education, the people at Quantera Global always know the ins and outs of all new developments in the area of international tax and transfer pricing. Recent developments include the BEPS guidelines set up by the OECD, resulting in multinationals having to prove compliance through Master Files, Local Files and Country-by-Country reports. Quantera Global provides assistance in all these aspects, working closely together with its clients on these matters. In addition, the exchange of this acquired knowledge is high on the firm’s agenda, and expertise is shared between all offices and alliances that make up Quantera Global’s worldwide network of Transfer Pricing specialists. This is what sets Quantera Global apart from other tax firms: their eagerness and ability to cooperate on a global scale. Their vision: freedom, care and human warmth all play valuable roles in business. The firm’s approach to client service revolves around its unique strategy: PATH, the acronym of Passion, Ambition, Together and Humour. Passion stems from the many years of experience in and with multinational companies. From learning what works, and – more importantly – what does not. Ambition is a journey, not a destination. Quantera Global always aims for a closer relationship with its clients and is committed to making a difference. Together with its clients, Quantera Global wants to create a more rewarding environment, unfettered