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UHY Global Transfer Pricing Guide 2015 Now Available
  • USA - English


News provided by

UHY LLP

Mar 02, 2015, 09:00 ET

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Sterling Heights, Michigan (PRWEB) March 02, 2015 -- Global accountancy network UHY releases its 2015 “Global Transfer Pricing Guide” to assist tax and finance professionals responsible for cross-border tax planning and compliance with their inquiries. Given the complexity of transfer pricing issues, the guide provides in the first instance a country-by-country summary of major transfer pricing requirements, including pricing methods, documentation and penalties covering 80 countries.

UHY member firm transfer pricing specialists work together to deliver global solutions for clients that protect against the threats posed by transfer pricing legislation. Advising on prices for intra-group transactions, using proven economic databases to recommend prices which maximize legitimate tax savings whilst minimizing the risk of successful challenges by national tax authorities.Transfer pricing has taken on greater significance, not just in terms of complying with the rules in each country, but also as a planning tool in minimizing a multinational group’s global tax burden.

“This updated guide reflects the commitment of UHY International member firms to outstanding cross-border tax advice and offers the possibility to connect with experts in the subject matter in each country, identified in the guide,” concluded Clive Gawthorpe, chair of the UHY Tax special interest group and tax partner at UHY Hacker Young, Manchester, UK.

The guide provides an overview of the governing statutes, how key concepts such as ‘arm’s length pricing’ are applied and the documentation required for the tax authorities. For more information regarding transfer pricing issues on specific countries and about UHY’s member firms’ tax expertise, please consult the contacts listed by country in the guide.

###

UHY Global Transfer Pricing Guide
Every effort has been made to ensure the facts in this publication are correct at the time of going to press. These details are intended for general guidance only. Each individual country’s tax rates are continually changing, therefore, it is not possible to provide detailed rules on which to base specific action here. When information is required on a country, reference may be made to the laws, regulations and tax treaties of the specific country, and a professional tax advisor should be consulted. No responsibility can be accepted for loss occasioned to any person acting or refraining from acting as a result of any material in this publication.

The contents of the UHY Global Transfer Pricing Guide have been carefully compiled by 80 individual member firms of UHY, an international network of independent accounting and consulting firms. The tax partners and staff of UHY member firms throughout the world combine knowledge with regional, national and international skill sets to help our clients achieve further business success.

About UHY LLP
UHY LLP, a licensed CPA firm, provides audit and other attest services to public and private companies. UHY Advisors provides tax and consulting services to a variety of sectors. UHY Advisors FLVS provides forensic, valuation, intellectual property, electronic discovery and international arbitration services to law firms and their clients. Many of these services grew from client business needs and their requests for assistance in a variety of areas of expertise.

UHY LLP, operating in an alternative practice structure with UHY Advisors, forms one of the largest professional services firms in the US. While that scale might provide confidence for some clients, others tell us our greatest value is the way we bring these resources to bear to help address today’s evolving business challenges. It’s a philosophy we call “The Next Level of Service”. To learn more visit http://www.uhy-us.com.

All of the above entities are members of UHY International, a global network of independent professional services firms that provide audit, tax and consulting services around the world. UHY International member firms comprise one of the top international accounting networks in the world. As a member firm, we provide our clients with resources in business centers strategically located around the globe. We are an active member in this organization with significant participation that brings the power of an international network to bear for our clients.

UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors.” UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY LLP and UHY Advisors, Inc. are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. Any services described herein are provided by UHY LLP and/or UHY Advisors (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.

About UHY, the network
Established in 1986 and based in London, UK, UHY is a network of independent audit, accounting, tax and consulting firms with offices in over 275 major business centres in 87 countries.

Our staff members, over 7,600 strong, are proud to be part of the 25th largest international accounting and consultancy network/association. Each member of UHY is a legally separate and independent firm. For further information on UHY please go to http://www.uhy.com.

UHY is a full member of the Forum of Firms, an association of international networks of accounting firms. For additional information on the Forum of Firms, visit http://www.forumoffirms.org.

Chris Clark, UHY LLP, +1 (586) 843-2637, [email protected]

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