Operational Transfer Pricing

Creating a Tax Business Process

Even though we talk about taxes, we approach operational transfer pricing as a business process. Thus, it is always good to first embed healthy tax processes and work on a robust data sanitization. Experience has shown that it is worth performing a technology readiness check of the company; the check helps to assess whether partial or complete automation of the transfer pricing process, from data extraction on a transactional level to reporting and dashboarding, is possible.

The automation of an operational transfer pricing process can be illustrated as follows

You can read more about dashboarding here.


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