Transfer pricing is essential to minimize the overall global tax burden and avoid the chance of double taxation.
Multinational businesses set their own intercompany pricing related to the sale of goods, technical services, management services, licensing or sales of software, as well as the licensing or sale of other intellectual property.
A proactive transfer pricing policy can help your business minimize compliance risk and potentially reduce its global tax rate by making sure you are handling your intercompany pricing fairly and consistently.
Eide Bailly’s experienced international tax professionals can help you understand global transfer pricing considerations while minimizing related risks, so you can put the most beneficial transfer pricing policy in place. As a member of HLB Global, we utilize a global network of firms to help create tax efficient transfer pricing policies and documentation.