Deloitte transfer pricing software

Gaap consolidation identifying a controlling financial interest contingencies and loss recoveries contracts on an entitys own equity convertible debt current expected credit losses disposals of longlived assets and discontinued operations distinguishing. The interviewer asked me what i already knew about transfer pricing, and roa calculation. Jonathan also specialises in operational transfer pricing projects related to facilitating and overseeing the implementation of transfer pricing policies. Business combinations business combinations sec reporting considerations carveout transactions comparing ifrs standards and u. Sep 09, 2019 transfer pricing is an accounting and taxation practice that allows for pricing transactions internally within businesses and between subsidiaries that operate under common control or ownership. Transfer pricing deloitte supports your companys adherence to the brazilian transfer pricing legislation. We rely on experienced professionals and advanced technologies, such as the new tps, a faster and more flexible version of the widely employed and recognized transfer pricing assessment and management software.

The goal of deloitte s transfer pricing network is to help companies manage risks by aligning practical transfer pricing services with their overall global business operations and objectives, assist with strategic documentation to support their transfer pricing practices, and resolve disputes efficiently. Deloitte tp digital dox is a webbased platform designed to facilitate and streamline the preparation of tp documentation reports with scoping capabilities. Here are some of the leading transfer pricing software packages. At deloitte, we offer clients a broad range of fully integrated tax and legal services. Transfer pricing controversy and governance challenges in.

May 12, 2016 software often entails new processes that dont exist with manual pricing, such as accepting or rejecting price recommendations. Deloitte can assist with strategic advice, including transfer pricing models and documentation to support their transfer pricing tax practices, and help resolve disputes efficiently. Transfer pricing refers to the prices of goods and services that are exchanged between commonly controlled legal entities within an enterprise. In the map proceedings of the last 18 months, the competent authority of india and us have agreed at an arms length margin in the range of 1724% for software services provided by the indian captive. This estimate is based upon 6 deloitte transfer pricing consultant salary reports provided by employees or estimated based upon statistical methods. Transfer pricing global research bulletin deloitte us. Oecd revised discussion draft on transfer pricing aspects of.

For more information about thomson reuters onesource transfer pricing software and services. Deloitte transfer pricing digital dox deloitte tax. Browse our indepth guides covering corporate tax, indirect tax, personal taxes, transfer pricing and other tax matters in more than 150 countries. I bring over 5 years of professional transfer pricing experience assisting my multinational clients with. In todays evolving tax landscape, businesses are reevaluating transfer pricing processes, resource models, and use of enabling technology. Danish zafar transfer pricing manager deloitte linkedin. Transfer pricing for software ites industry tp taxsutra. Cloudbased plug and play transfer pricing software suitable for all kinds of multinationals. Rodica gilles transfer pricing manager deloitte linkedin. Our initial range of products focuses on time saving tax solutions. Deloitte llp 2 new street square london ec4a 3bz united kingdom tel. The interviewer went over my resume and asked a couple of questions, such as why deloitte. Aug, 2014 the future of transfer pricing documentation thomson reuters onesource.

Study on comparable data used for transfer pricing in the eu. Deloittes multipronged, global approach to its covid19 response focuses on making an everyday impact through direct donations to organizations fighting the pandemic, collaborating with clients and suppliers on innovative medical solutions, supporting nonprofit and community partners in need, rolling out or expanding employee giving programs, supporting government response efforts, and. Transfer pricing is an accounting and taxation practice that allows for pricing transactions internally within businesses and between subsidiaries that operate under common control or ownership. Deloitte luxembourg, with around 2,300 employees and with more than 70 nationalities, is a member of deloitte touche tohmatsu limited, one of the worlds leading professional services firms in audit, tax, financial advisory and consulting.

He represents deloitte at oecd and was a delegate to both wp1 considering article 5 of the model tax treaty and wp6 considering the revision to chapter 6 of the oecd transfer pricing guidelines. Supply chain network operations digital supply networks dsn senior consultant. He works on swiss and international engagements covering both compliance and advisory issues. He is regularly published on transfer pricing matters and was author of the 2nd edition of global transfer pricing. Robotics is predicted to automate or eliminate up to 40 percent of transactional accounting work by 2020. Users must then be able to perform, and adjust, calculations as agreements, legal positions, and other changes occur. Deloitte is a proud advocate of military spouses and their families. For instance, if a subsidiary company sells goods or renders services to the holding company, the price charged is referred to as transfer price. Deloitte transfer pricing analyst interview questions. Deloitte transfer pricing consultant salaries glassdoor. Purpose of transfer pricing documentation requirements. The rising volume and variety of intercompany transactions and transfer pricing regulations, accompanied by increased enforcement activities worldwide have made transfer pricing a leading risk management issue. Ralf heussner is a partner with deloitte luxembourg. Jun, 2017 watch this video to see how deloitte leverages a holistic, technology enabled approach to transfer pricing documentation.

Swedens tax agency rejects pumas transfer pricing position. The link between transfer pricing and customs valuation 2018 country guide. Guidelines is an essential tenet for transfer pricing to be applied on a reciprocal basis in crossborder situations. Transfer pricing for hyperion tph is an innovative solution that forms the foundation of an effective transfer pricing calculation strategy. European commission study on comparable data used for transfer pricing in the eu december 2016 page 2 date 08. I am a transfer pricing manager at deloitte based out of the firms chicago office. He specialises in the financial services sector and is part of deloitte s global financial services transfer pricing tp leadership. Today enterprise software should be plug and play, cloudbased, connected with other applications, easy to setup and friendly to use. The past year has seen the following trends and developments in international transfer pricing, among others. At deloitte, we provide audit services using an approach designed to provide the flexibility to serve the circumstances and complexities of our clients. The question of the purpose of transfer pricing documentation is an important one to raise, and now is the right time for it to be considered on a global, rather than national, basis. Jonathan is a manager within the transfer pricing team of deloitte in geneva.

Us transfer pricing software computer applications for managing transfer pricing activity a number of companies offer international tax managements software, but only a few have a strong focus on transfer pricing. Through its military spouse initiative, deloitte gives military spouses an opportunity to pursue fulfilling careers by providing transition support, mentorship, professional development and community. The deloitte international tax source dits is an online database featuring tax rates and information for 66 jurisdictions worldwide and country tax highlights for more than jurisdictions. Transfer pricing for hyperion tph is a transfer pricing software that fully integrates with oracle hyperion financial management hfm and make operational transfer pricing a reality. Our transfer pricing practice just released the new tps, a faster and more flexible version of our highly used and acclaimed software for calculation and management of brazilian transfer pricing adjustments, developed by deloitte brazil. Transfer pricing starts with datamanaging information from internal and external sources. Deloitte recently commissioned an extensive, global, independent research study to better understand emerging transfer pricing trends. Multinational organizations are operating in an environment of unprecedented complexity. A large number of software companies had sought resolution to their transfer pricing issues through the map mutual agreement procedure route. The software solution your transfer pricing compliance deserves.

There remains a significant variance in the types of evidence the customs authorities will consider as supportive of the acceptability of transfer pricing as the basis for transaction value. Erik koponen is an authorized tax consultant and transfer pricing professional with over 10 years of experience working with transfer pricing at pwc and deloitte in sweden, finland, switzerland, and china. Graeme is a partner in deloittes australian transfer pricing team, and is focused on building and developing deloittes connection with western sydney businesses. The future of transfer pricing documentation youtube. Transfer pricing learn how companies use transfer pricing. Nov 12, 2014 transfer pricing needs a platform for consolidating data from various sources, analyzing the data, and allowing for adjustments as outofrange amounts are identified. International transfer pricing 2018 guide deloitte us. Our approach combines insight, technology, and innovation from multiple disciplines with business and industry knowledge to help our clients excel globally. A comprehensive, endtoend transfer pricing software solution. Transfer pricing, tax, transfer pricing strategy deloitte india. Deloitte empowers your organization to navigate todays increasingly. Transfer pricing software for international compliance. Deloitte transfer pricing associate salaries 1 salaries reported.