Transfer pricing is now a prominent and global economic consideration for governments, taxpayers and the societies in which they operate. Considering this there is an increasing number of official global organisations, NGOs, individuals, governments and companies working to promote its development and set practical guidelines for others to follow. Sophie Ashley finds out who, or what, international transfer pricing professionals think are the 2012 leading forces in global transfer pricing.
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Luis Coronado suggests companies should embrace technology to assist with TP data reporting, as the ‘big four’ firm unveils a TP survey of over 1,000 professionals
KPMG Netherlands’ former head of assurance also received a permanent bar and $150,000 fine; in other news, asset management firm BlackRock lost a $13.5bn UK tax appeal