Transfer pricing is a very important area for multinational companies. When a company signs its tax return it is declaring that all transactions with related parties are being carried out on arm’s length terms for tax purposes and that it has the documentation to support this. Transfer pricing legislation applies to all transactions with related parties whether they are resident in the UK or overseas.
RSM Tenon’s transfer pricing experts can:
- Provide assistance with the preparation of intragroup pricing agreements
- Advise you what documentation should be retained and focus on utilising existing information held with the group
- Help you demonstrate compliance with the arm’s length principle