Multinational companies are under threat from aggressive and inconsistent
transfer pricing rules, as governments become more proactive in claiming maximum
revenues from international groups.
A survey of revenue authorities in over 30 countries by Ernst & Young
found that multinationals were facing an adversarial transfer pricing
environment in a number new countries in addition to pressure in states with
already advanced rules for transfer pricing.
‘Companies must assume that tax authorities everywhere will have a complete
picture of their global tax position, and that any steps they take in one
country will have implications across their entire operation,’ warned John
Hobster, E&Y’s global markets leader for transfer pricing service.
Hobster said that matters were further complicated by diverging
implementation of transfer pricing rules, which hindered the resolution of
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