Creating cross-border tax efficiencies. Global Transfer Pricing Services. skpgroup.com

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Creating cross-border tax efficiencies Global Transfer Pricing Services skpgroup.com

With the rise in cross-border transactions between group companies and stringent norms imposed by governments across the globe, transfer pricing has become one of the biggest tax risks for multinational enterprises (MNEs). Compliance with the varying requirements of multiple tax jurisdictions is challenging. In addition, recent changes by the Organisation for Economic Co-operation and Development (OECD) in the area of Base Erosion and Profit Shifting (BEPS) have made it imperative for MNEs to find efficient yet legally acceptable transfer pricing solutions. SKP s transfer pricing team offers a full range of transfer pricing services, independent advice, and global solutions for MNEs. Our services are designed to achieve your business objectives and assist you in navigating through the labyrinth of global transfer pricing regulations. Methodology for Documentation and Transfer Pricing Analysis Initial study and ground work Functional Analysis Interim reporting to the management; Functional Analysis Report Benchmarking Selection of the most appropriate Transfer Pricing Method Economic Characterisation Final Report Documentation Compliances

Our Services Our hands-on approach enables us to deliver robust, high-quality services allowing us to partner with you in your growth. Besides extensive experience in providing solutions for small and medium enterprises (SMEs), we have successfully supported transfer pricing cases of larger MNEs as well. Streamlined operating structures, coupled with effective use of technology, allow us to be costefficient while delivering quality solutions. Devising a Global Transfer Pricing Policy Aligning business objectives and tax strategies so as to meet the arm s length criteria Balancing global regulations Holistic and customised solutions that consider international tax, permanent establishment, withholding tax, etc. Tax-efficient Supply Chain Management Restructuring business processes to achieve operational and tax efficiencies In-house specialists on non-tax matters gives leverage Minimise overall tax and transfer pricing risks Base Erosion and Profit Shifting Revalidating and aligning group s transfer pricing policies with BEPS recommendations Compilation of Master-file Assisting in Country by Country Reporting (CbCR) Country Specific Documentation Conduct financial and economic studies Document results in a manner that is acceptable to local tax authorities Develop global and country-specific transfer pricing documentation based on OECD guidelines to mitigate any risks Benchmarking Studies Access to the Bureau Van Dijk (BvD) and other global databases Reinforce the transfer pricing policies based on well documented studies Compliances Disclosure and reporting requirement of respective jurisdiction Competitive Authority Negotiations, APAs and Litigation Support Justify transfer pricing policy before the Advance Pricing Agreement (APA) and other competent authorities Litigation support before the revenue authorities in India Cross Border Agreements Advising on substance of the business relationships Devising/ designing the functional role to reflect the economic rationale Implementation and Operational Assistance Handhold the implementation of any policy change Provide complete support to ensure the transition Valuation Fair valuation of businesses Intellectual property associated with business restructuring or mergers and acquisitions Others Review of compliances and health check in cases of M&A transactions Transfer pricing training and workshops for in-house teams Experience in devising policies for transactions like royalties, Cost Contribution Arrangements (CCAs), financial and intra-group services

Our Experience Formulated a transfer pricing policy balancing Indian and UK TP regulations for an Indian multinational software company resulting in an effective tax rate Advised one of the largest shipping companies in the world on changing their transfer pricing policy to remunerate its subsidiary from percentage-based commission to cost-plus model, leading to substantial tax savings Advised a listed Indian company (the largest paint manufacturer in India) with 20+ subsidiaries overseas in formulating an intra-group management fee policy from the transfer pricing perspective Advised a speciality packaging company having various subsidiaries across the globe on alternative approaches to formulate arm s length guarantee charges/fees Assisting an Indian listed pharmaceutical MNE in restructuring its supply chain thereby making the structure tax-efficient both from a corporate tax and indirect tax perspective Assisted a leading global cosmetic company in getting substantial relief against the transfer pricing adjustment proposed by Indian tax authorities on marketing intangible issue along with defending transfer pricing policy for other intra-group transactions Assisted a US parent company engaged in social entrepreneurship to get substantially reduced markup on investment advisory services, provided by the Indian arm through representations and negotiations with Advance Pricing Authorities Winner of Advisory Project of the Year at The Accountant & International Accounting Bulletin Awards 2017 Winner of India Tax Firm of the Year at the International Tax Review s Asia Tax Awards 2016 Ranked among the Leading Tax Firms in India in International Tax Review s World Tax guide 2009-2017 Ranked among the Leading Transfer Pricing Firms in India in TP Week s World Transfer Pricing guide 2014-2017

The SKP Advantage Over two decades of focused experience in transfer pricing and international taxation and five decades of experience in corporate taxation Dedicated transfer pricing team of 35+ professionals includes chartered accountants, economists, management professionals, cost accountants and lawyers Strong litigation experience and understanding of positions and practices adopted by tax authorities Experience across diverse industry verticals 50+ years of experience in accounting, advisory, assurance and tax 1000+ employees from accounting, legal, tax, engineering, management and other diverse backgrounds 1200+ active clients including Fortune 500 companies, multinationals, and companies listed on global exchanges 45+ countries where we have our clients Access to leading global databases Act as a single point of contact for your group s global transfer pricing requirements and coordinate with our network/ channel partners across countries Provide bespoke solutions that suit the facts/circumstances Transfer Pricing 360 0 Quarterly newsletter providing key insights into the recent transfer pricing developments in India and across the globe.

Contact Us India - Mumbai Urmi Axis, 7th Floor Famous Studio Lane, Dr. E. Moses Road Mahalaxmi, Mumbai 400 011 T: +91 22 6730 9000 E: IndiaSales@skpgroup.com USA - Chicago 2917 Oak Brook Hills Road Oak Brook, IL 60523 USA T: +1 630 818 1830 E: NorthAmericaSales@skpgroup.com Canada - Toronto 269 The East Mall Toronto, ON M9B 3Z1 Canada T: +1 647 707 5066 E: NorthAmericaSales@skpgroup.com UAE - Dubai Emirates Financial Towers 503-C South Tower, DIFC PO Box 507260, Dubai UAE T: +971 4 2866677 E: UAESales@skpgroup.com skpgrp.info@skpgroup.com skpgroup.com linkedin.com/company/skp-group twitter.com/skpgroup facebook.com/skpgroupindia plus.google.com/+skpgroup youtube.com/c/skpgroup Subscribe to our insights The contents of this brochure are intended for general marketing and informative purposes only and should not be construed to be complete. This brochure may contain information other than our services and credentials. Such information should neither be considered as an opinion or advice nor be relied upon as being comprehensive and accurate. We accept no liability or responsibility to any person for any loss or damage incurred by relying on such information. This brochure may contain proprietary, confidential or legally privileged information and any unauthorised reproduction, misuse or disclosure of its contents is strictly prohibited and will be unlawful. 2017 SKP Business Consulting LLP. All rights reserved.