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.