![]() For more information about our organization, please visit ey.com. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.ĮY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. generating loan agreements and TP documentation reports.ĮY | Assurance | Consulting | Strategy and Transactions | TaxĮY is a global leader in assurance, consulting, strategy and transactions, and tax services.retrieving comparable market data (through real-time connection) from third party financial databases / platforms.determining credit rating estimates for group companies.replacing manual tasks related to entering and documenting terms and conditions of transactions.Finance Web optimizes the following workflows: To help you simplify and automate relevant treasury and tax workflows, EY teams have developed the EY Intra-group Finance Web, an interactive platform for managing, pricing and documenting intra-group financing arrangements. Managing your financial transactions transfer pricing Our flexible approach can help you develop sustainable practices to execute, monitor and report intercompany transactions. EY has developed a structured and scalable framework for improving transfer pricing implementation and building integrated systems and processes across tax, business units and operations. Operationalizing transfer pricing policies is a big challenge for many multinationals. ![]() Transfer pricing implementation - intercompany effectiveness Country-by-country (CbC) reportingĮY has also developed a separate CbC reporting tool “CbCR Web™” that helps you generate CbC reporting data, as required under BEPS Action 13. Transfer pricing documentationĮY has developed TP Web™, a comprehensive transfer pricing documentation tool that can help you streamline your internal processes and generate reporting packages to support transfer pricing documentation requirements under BEPS Action 13. This risk-based approach allows you to align your company‘s business and tax strategies with your risk profile. Whether you choose to apply a globally centralized approach or a decentralized approach to your documentation needs, you need to understand the rigorous transfer pricing scrutiny in the countries where you operate so that you meet the local requirements, particularly where there is heightened risk. Appropriately pricing and documenting your intercompany transactions to comply with various countries‘ rules and legislation is imperative in managing tax risk.ĭocumenting intercompany transactions is the first line of defense when your transfer pricing practices are challenged.
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