Transfer Pricing

Globally, transfer pricing has captured the attention of tax authorities, keen to ensure their fair share of global tax revenues. Back in 1994, just two countries enforced formal transfer pricing rules. Today, it’s over forty. For international companies, the risk of being challenged on their transfer pricing practices is mounting fast.
Organizations failing to fulfill the required standards risk incurring high financial costs in terms of
additional taxes, interest, and penalties levied by the tax authorities. Our member firms have
conducted more than 150 transfer pricing projects for clients worldwide across a full range of
business sectors and industries. To assist, NJHR has developed a ‘4-step’ transfer pricing review process that delivers three vital benefits to clients: peace of mind, proof of compliance and an assessment of strategic potential. The results of our ‘4-step’ review will provide you with the following:
• Minimized risk of double taxation
• Reduction of the worldwide effective tax rate
• Enhanced shareholder value
• Support documentation