Transfer pricing
About
What is transfer pricing? What is the meaning of transfer pricing documentation? How can Taxgroup help?
Transfer pricing is a set of rules which related companies are compelled to obey (recognizing the "Arm's-length Principle") in order to find efficient ways of meeting their tax obligations. It is also a tool for a growing number of jurisdictions to retain tax revenues that might otherwise migrate to another country.
The significance of the transfer pricing documentation is to avoid unnecessary difficulties in the case of a tax inspection - transfer pricing documentation is still required by law when conducting business with non-residents.
Services
The company's transfer pricing specialists are competent to help companies:
* develop, implement and (when new rules or circumstances emerge) modify transfer pricing policies to be as tax-efficient as possible
* prepare the associated transfer pricing documentation (this obligation applies to all of the companies dealing with related entities)
Competitive advantages
Our competitive advantages are based on:
* a high level of education and training (most of which has been obtained abroad)
* data bases (which enable us to verify solutions related to the transfer pricing policies we propose)
* our own experience (we have cooperated in the preparation of many transfer pricing documentation reports within different branches throughout the past five years)
Unfortunately, the Slovene legislation in this field is imprecise, and there is also a lack of practice in transfer pricing in Slovenia. This is why our specialists can help you by using their long-term experience and practise abroad.