Transfer Pricing and Training the Team

At RSM Highbrook, we believe continuous learning is key to delivering exceptional client service. That’s why our recent training took an exciting turn as Stefan Sunde, newly appointed Principal and leader of our International Tax & Transfer Pricing (TP) practice, guided the team through the essentials of cross-border tax.

Driven by broader economic factors and clients’ appetite for more fit-for-purpose tax solutions, RSM has identified the international arena as a key area for growth.

Supported by fast growing practices across the global firm, international tax and TP is something the team knows they need to be across, in detail.
 

What is Transfer Pricing, and Why Should You Care?

If you’ve never heard of transfer pricing, you’re not alone. The TP rules ensure that multinational companies allocate the “right” or “arm’s length” amount of profit in relation to the intercompany transactions in each country they operate in. 

This means that transactions across between entitles in different jurisdictions reflect the right market conditions and lead to the “right” amount of corporate tax being paid. 

Getting TP right means:

• Minimising or eliminating tax risks – Avoiding penalties and disputes with tax authorities.
• Improving transparency – Strengthening internal processes and compliance.
• Reducing audit stress – Being prepared with robust documentation if reviewed.

Need Expert Guidance on Cross-Border Tax? Reach out!

If this is all new, it’s definitely worth reaching out and having a conversation on!

You won't be alone. Stefan enjoyed explaining the basics, the opportunities and risks to keep an eye out for. While the training was a solid 90 minutes, there weren’t too many glazed eyes (!!) and plenty of “wow I didn’t realise” comments afterwards. It was a great session, and RSM will soon roll out similar specialised tax trainings as the practice expands.

RSM’s experts are here to help you:

✔ Structure cross-border transactions efficiently
✔ Ensure compliance with evolving TP regulations
✔ Mitigate risks and avoid costly disputes