Benchmarking is important to all transfer pricing matters as economic references are critical when steering and justifying the income allocation within a group or for a specific intercompany transaction. In many cases, benchmarking is not just a routine matter but needs careful consideration in respect of comparability, search strategy, and interpretation as well as application of results. Questro International provides a full range of benchmarking services including:
A multitude of transparency initiatives, coupled with the OECD BEPS work, has moved the pendulum of public opinion towards increased public disclosure of a corporate’s tax strategy and tax profile data.
The associated risks & opportunities are dependent upon a wide range of factors, including your current TP strategy & compliance approach, the inherent risk profile of the industry and the countries in which you operate, and your current approach to tax transparency & sustainability. Questro has significant experience in helping clients manage their data disclosure requirements and consider risk mitigation strategies, from CbCR disclosures and accompanying Table 3 statements, to public statements on TP Policies.