In the complex landscape of global business, transfer pricing has become a critical concern for multinational enterprises (MNEs). It’s more than just adhering to regulations; transfer pricing plays a vital role in strategic corporate management and risk mitigation. Essentially, transfer pricing involves setting prices for transactions between related entities within a multinational corporation, ensuring that […]

Continuing this series from part one, which can be found here. Cost Analysis Direct costs include consulting fees, technology investments, and training expenses. These are the upfront costs associated with implementing a transfer pricing strategy. Indirect costs, such as temporary productivity dips during the transition phase and potential operational downtime during system implementations, should also […]