• Register
Return to: Home > News > Tax > KPMG launches new transfer pricing service

KPMG launches new transfer pricing service

KPMG has launched an International Transfer Pricing (OTP) service line, aimed at helping multinationals better manage risks related to intercompany transactions.

KPMG said it decided to set up OST as a response to the increase in scrutiny of transfer pricing activities by tax authorities in the US and around the world.

KPMG US tax practice vice chair Scott Ozanus said companies that fail to rigorously develop, implement and manage their transfer pricing policies face growing reputational and financial risks.

“Our focus is on helping multinational companies not only increase the transparency of their transfer pricing practices and reduce financial statement and tax risk, but also enhance the performance of their tax and accounting departments and lower their tax compliance costs,” Ozanus said.

 

Top Content

    Time pressure: Facing up to mental health

    In an ‘always on’ culture, it is becoming increasingly difficult to manage a healthy work-life balance. While companies are beginning to address this problem by introducing different support systems, Joe Pickard finds more could be done to ensure the wellbeing of the professions workforce.

    read more

    Venezuela: the race for the dollar

    With a new currency following hyperinflation, large sections of the population emigrating to neighbouring countries, an economy on the brink of collapse and no apparent solution coming from the government, Jonathan Minter finds a profession struggling to stay afloat in Venezuela.

    read more

    Brazil: transparency and control

    Brazilian accountants have an optimistic view of the impact of more-regular reporting and the implications of audit controversies for the profession. Paul Golden reports.

    read more

    Argentina: looking for a clearer view

    The Argentine accounting profession continues to grapple with the impacts of a weak economy and a culture of financial corruption. Paul Golden takes a closer look.

    read more

    Blockchain: adapting to disruptive tech

    In the relatively few years since digital currencies first began using blockchain technology, the array of potential applications has grown significantly – and continues to expand. Dan Balla, Matthew Schell and Dave Uhryniak from Crowe look at how it impacts accountancy.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.