Paul Daly and Malcolm Joy (BDO) answer a query on the need for a value chain analysis and how to go about doing it.
Question
I am responsible for transfer pricing for a multinational group. Following the changes to transfer pricing arising from BEPS I am hearing a lot about the need for ‘value chain analysis’. What is a value chain analysis do I need to undertake one and how do I go about doing it?
Answer
First things first what is a value chain?
A ‘value chain’ as a concept was first formulated by Michael Porter in Competitive advantage in 1985. In simple terms it is a systematic way of examining all of the activities performed by a business to determine the sources...
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Paul Daly and Malcolm Joy (BDO) answer a query on the need for a value chain analysis and how to go about doing it.
Question
I am responsible for transfer pricing for a multinational group. Following the changes to transfer pricing arising from BEPS I am hearing a lot about the need for ‘value chain analysis’. What is a value chain analysis do I need to undertake one and how do I go about doing it?
Answer
First things first what is a value chain?
A ‘value chain’ as a concept was first formulated by Michael Porter in Competitive advantage in 1985. In simple terms it is a systematic way of examining all of the activities performed by a business to determine the sources...
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:
