1、Transformation Consulting Supporting sales and marketing activities via: Supporting sales presentation to other clients CLIENT APPROVAL FOR EXTERNAL USE CGE 2. Fiscal defence: after the completion of the design, CGE 3. Implementation: the implementation of the transfer pricing system by, again, four
2、 project teams included: conducting pilot implementations, designing and adjusting (for example administrative) procedures, calculating the systems consequences to all group companies and extensively communicating the system throughout the company. Results & Value Though the full benefits of the tra
3、nsfer pricing system are yet to be experienced, it already yields important benefits for general, financial and tax managers throughout the group. Some examples: The transfer pricing system reduces the time spent on negotiations on intercompany pricing. The system has resulted in better transparency
4、, clarifying to group companies the effects of their decisions on both their own and the groups results. The system encourages decision-making based on the economic value creation by individual group companies and the group as a whole. Thus, the system has already proven to facilitate the identification of sub-optimal decision making within the group. Because of its transparency, the transfer pricing manual added considerable value in the discussion with the domestic tax authorities. It will also contribute to the discussions with all local tax authorities.
