Plan: Gain strategic alignment with your international transfer pricing objectives

Trends in Transfer Pricing: Global Research Bulletin

In this 2018 global study, Deloitte recently commissioned an extensive, global, independent research to understand emerging Transfer Pricing trends. The study participants included top tax decision makers from multinational companies with revenues in excess of $1 billion USD.

The research has revealed three major trends:

1. Centralization: A trend towards greater centralization in transfer pricing operations. It was acknowledged that the pace and degree of centralization was likely to vary considerably between businesses.
2. Consolidation: Increased market share for the Big Four firms is a steady, pervasive trend, however the market still seems highly complex and individualized to each businesses intended approach.
3. Specialization: Businesses want more than "off the shelf" solutions including tailored advice and innovative ideas across supply chain, intellectual property, legal, and indirect tax.

COVID-19 – transfer pricing considerations six months in

More than six months have passed since the emergence of COVID-19 and many businesses have taken steps to respond to the pandemic and are continuing to adapt and recover. The way in which businesses are affected, and the extent of that impact, varies widely. However, what is clear is that overwhelmingly businesses have faced change and that in turn raises transfer pricing questions which tax teams need to grapple with.