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In search of TP industry leaders

A poll conducted by TPWeek has shown that 86% of users value industry specific knowledge when selecting their tax adviser.

Transfer pricing is constantly growing and changing, a process that has accelerated since last year’s OECD BEPS release. With increased compliance burdens for taxpayers and rapidly changing regulations in jurisdictions worldwide, staying on top of your transfer pricing relies on specialised advice.

Industry-specific knowledge affects the advice provided and a thorough working understanding of the business cycle will have a significant impact by ensuring an efficient approach to transfer pricing.

In response to this demand, TPWeek is researching the TP Industry Leaders guide and portal. TP Industry Leaders will enable tax payers to research the best and most suitable advisers according to their industry knowledge, jurisdiction and their specialism, whether controversy or compliance.

Importantly, this will be the only tool that identifies TP leaders based on nominations from recommendations of in-house tax professionals working for companies who operate in various industries and jurisdictions, and their experiences with these advisers. This guarantees that all those listed have proven their TP knowledge and experience in particular industries.

We are in the research phase of the project and looking for nominations from in-house tax departments as to who are the TP leaders in their industry.

If you work in the tax department of a multinational then please follow the link to the survey below.

https://www.surveymonkey.co.uk/r/TPIndustry_Leaders

more across site & bottom lb ros

More from across our site

The Italian government published plans to levy capital gains tax on cryptocurrency transactions, while Brazil and the UK signed a new tax treaty.
Multinational companies fear the scrutiny of aggressive tax audits may be overstepping the mark on transfer pricing methodology.
Standardisation and outsourcing are two possible solutions amid increasing regulations and scrutiny on transfer pricing, say sources.
Inaugural awards announces winners
The UN’s decision to seek a leadership role in global tax policy could be a crucial turning point but won’t be the end of the OECD, say tax experts.
The UN may be set to assume a global role in tax policy that would rival the OECD, while automakers lobby the US to change its tax rules on Chinese materials.
Companies including Valentino and EveryMatrix say the early adoption of EU public CbCR rules could boost transparency of local and foreign MNEs, despite the short notice.
ITR invites tax firms, in-house teams, and tax professionals to make submissions for the 2023 ITR Tax Awards in Asia-Pacific, Europe Middle East & Africa, and the Americas.
Tax authorities and customs are failing multinationals by creating uncertainty with contradictory assessment and guidance, say in-house tax directors.
The CJEU said the General Court erred in law when it ruled that both companies benefitted from Italian state aid.