Multinational groups are faced with questions such as:
- How to set up this documentation as efficiently as possible?
- How to keep the documentation up-to-date and consistent across the group?
- How to ensure it is prepared and filed on time.
In addition, benchmarking analyses to set and/or substantiate intercompany prices must be regularly updated. This includes benchmarking of financial transactions.
Transfer Pricing Documentation Solutions
Our team provides a variety of solutions. These solutions are fully adapted to your business needs. Our transfer pricing compliance services range from:
- Identifying potential risks and shortcomings during a documentation review engagement
- Only performing benchmarking analyses
- Complete documentation management where we relieve the in-house tax team
- Taking responsibility for meeting the group’s worldwide documentation requirements in a consistent manner.
Documentation requirements in the Netherlands and worldwide
The Netherlands
In the Netherlands, the Transfer Pricing Documentation required depends on the group’s consolidated revenue. That revenue will determine whether the following statutory requirements must be complied with:
- Preparing general transfer pricing documentation
- Preparing documentation in the Master File and Local File format and/or preparing and submitting a Country-by-Country report and/or notification.
Global Reach
Under the OECD’s BEPS Action 13, a standardized approach to transfer pricing documentation has been adopted worldwide. Many jurisdictions have implemented deadlines for preparing and submitting the Master File and Local File as well as for complying with Country-by-Country reporting obligations.
Some countries have additional local transfer pricing documentation or disclosure requirements that must be met. A sound process, including good planning and oversight, is necessary in order to meet compliance requirements and avoid penalties or other adverse consequences.
To get you started, there is the Global Transfer Pricing summary report prepared by KPMG Global Transfer Pricing Services. This regularly updated report lists the worldwide Country-by-Country reporting and Master File / Local File documentation requirements.
Our experts can help you plan and prepare your Transfer Pricing Documentation for the Netherlands and elsewhere. Depending on your needs, we work together with other transfer pricing specialists in KPMG’s Global Transfer Pricing Services network, thus ensuring compliance with local requirements.
Transfer Pricing Documentation Technology
- We use our own KPMG tax technology tools.
- We use tax technology tools developed by third parties.
- We assist you with add-ons for the tools your business uses.
Our tax technology approach is scalable and can be adjusted, depending on your needs and the size of your business.
We are able to supply tools for preparing transfer pricing documentation. We also supply a visual platform to help you with the documentation requirements and to monitor their status and keep track of deadlines. More information on transfer pricing technology can be found here.
How can Meijburg help you?
We will assess which part of the compliance process you would like to take care of yourself, and which part can be dealt with by our transfer pricing specialists. This integrated approach ensures compliant Transfer Pricing Documentation. The documentation combines your business know-how and market intelligence with our transfer pricing expertise and experience.
Questions? Feel free to contact one of our specialists.
Links & Downloads
FAQ
Wat is transfer pricing documentatie?
Transfer pricing documentatie omvat gedetailleerde rapporten die multinationale ondernemingen opstellen om hun intercompany transacties te verantwoorden volgens het arm's length-principle. Het bestaat uit drie onderdelen: de Master File, die een globaal overzicht biedt van de bedrijfsactiviteiten en transfer pricing beleid; de Local File, met specifieke informatie over lokale intercompany transacties; en het Country-by-Country Report, dat inzicht geeft in inkomsten, belastingen en economische activiteiten per jurisdictie. Deze documentatie is cruciaal voor belastingautoriteiten om de naleving van transfer pricing regels te beoordelen en belastingontwijking tegen te gaan.
Welk niveau heeft de documentatie voor transfer pricing?
Transfer pricing documentatie is gestructureerd in drie niveaus: het Master File, Local File en Country-by-Country Report. Het Master File biedt een globaal overzicht van de operaties en transfer pricing beleid van een multinational. Het Local File bevat gedetailleerde informatie over intercompany transacties van een lokale entiteit, inclusief transfer pricing methoden en financiële gegevens. Het Country-by-Country Report geeft geaggregeerde data over inkomensallocatie, betaalde belastingen en economische activiteit in verschillende jurisdicties. Deze drieledige aanpak, zoals aanbevolen door het OECD BEPS Actieplan 13, streeft naar meer transparantie en naleving van het arm's length priciple in transfer pricing praktijken.
Wat is de drempel voor transfer pricing documentatie in Nederland?
In Nederland zijn de vereisten voor transfer pricing documentatie afhankelijk van de omzet van de multinationale onderneming. Een Master File en Local File zijn verplicht voor ondernemingen met geconsolideerde groepsinkomsten van minimaal €50 miljoen in het voorgaande boekjaar. Het Country-by-Country Report is vereist voor ondernemingen met inkomsten van €750 miljoen of meer. Het uiteindelijke moederbedrijf moet dit rapport indienen. Deze drempels zijn in lijn met het OECD BEPS Actieplan 13 en bevorderen transparantie en naleving in transfer pricing praktijken.
