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Transfer pricing services
Inter-company transactions across borders are growing rapidly and becoming much more complex.
The stakes are high
The factors driving intensified scrutiny of transfer pricing arrangements are beyond the control of most companies, but the risks to your organisation are very real. They include:
- very large local tax reassessments - with significant penalties and interest on overdue tax – and double taxation on income when relief under tax treaties is not available;
- uncertainty about your worldwide tax burden, and expensive, time-consuming conflicts with regulatory authorities;
- damage to reputation and corporate brand if seen as a bad corporate citizen.
Transfer Pricing Challenges during and post Covid-19
According to the survey "Transfer Pricing Challenges during and post Covid-19", conducted by PwC Romania in April-May, approximately 75% of respondents estimate that the total revenues of the companies they represent will decrease by less than 25% in 2020, compared to 2019, as an effect of the Covid-19 crisis.
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