KPMG’s Global Transfer Pricing Review
22.09.2009Company: KPMG Česká republika, s.r.o.
Intercompany pricing under intense scrutiny as many governments worldwide search for new sources of tax, finds KPMG survey.
Transfer pricing reviews typically focus on comparing transactions between companies in the same organization, with similar transactions between unrelated companies – so called “arm’s-length” transactions. Some authorities may levy taxes and impose penalties on companies where their internal pricing is found to deviate from arm’s length pricing.
Transfer pricing audits are becoming increasingly common, as many governments develop greater experience in analyzing transfer prices and seek to protect their respective tax bases.
The KPMG survey looks in detail at transfer pricing regulations in 60 countries including the Czech Republic.
Follow the link for more information in Czech.
Follow the link for more information in English.
www.kpmg.cz
