Mike Sufrin, tax director at Rolls-Royce, gives a personal view on the issues that transfer pricing presents to corporates
Mike Sufrin tax director at Rolls-Royce gives a personal view on the issues that transfer pricing presents to corporates
To a tax adviser in industry transfer pricing will inevitably be one of the most difficult and frustrating topics that he or she has to deal with. With increasing globalisation businesses are very rarely organised on the basis of statutory entities but rather on sector lines that cross both statutory and territorial borders. Profit considerations are first the consolidated accounts and then at the sector level. End-to-end margins and costs are what are important. Absent tax people in the business therefore rarely care about the transfer price if it does not...
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Mike Sufrin, tax director at Rolls-Royce, gives a personal view on the issues that transfer pricing presents to corporates
Mike Sufrin tax director at Rolls-Royce gives a personal view on the issues that transfer pricing presents to corporates
To a tax adviser in industry transfer pricing will inevitably be one of the most difficult and frustrating topics that he or she has to deal with. With increasing globalisation businesses are very rarely organised on the basis of statutory entities but rather on sector lines that cross both statutory and territorial borders. Profit considerations are first the consolidated accounts and then at the sector level. End-to-end margins and costs are what are important. Absent tax people in the business therefore rarely care about the transfer price if it does not...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
