Frequently Asked Questions

The easiest way to have a look at Coperitas is an online session. As Coperitas is a cloud-based application, there is also a possibility to perform a demo at your local office. This can be discussed when the demo is requested and depends on the travel distance.

It is possible to include local filing deadlines in Coperitas, but these are not included by default.

A standard OECD-template is available to use. It is possible to align templates with local transfer pricing documentation requirements yourself, however these are not included in Coperitas by default.  Local transfer pricing documentation requirements can be provided / included upon request.

Coperitas is cloud based and is accessible through webbrowsers from all around the world.

No, you are fully in control of Coperitas. You decide whether you exclusively operate Coperitas in-house or give external consultants access to Coperitas as well.

Data can be imported manually or through mass upload from Excel.

Data will be separately uploaded to Coperitas. However, a real time connection is possible upon request.

Yes, Coperitas is designed to be flexible. Therefore, it is possible to reverse engineer your existing TP documentation into Coperitas.

Yes, Coperitas can be your central storage for documents.

Yes, the document generator is flexible. It can be used to generate any text document (e.g. legal agreements and policy papers).

Yes, it is possible to define and visualize your own analytics within Coperitas.

Yes, it is possible to visualize your value chain through the flexible label management system.

Yes, it is possible to visualize your management groups through the flexible label management system.

Yes, Upload your CbCR data in Coperitas and perform risk analysis on the most common checks performed by tax authorities before filing the CbCR.

Yes, it is possible to set up analytic ratios for risk analysis purposes. These can be visualized as well.

There is no limit on the amount of (transfer pricing) documents that can be created. Documents are created/generated using templates.

Templates can be created by selecting user defined text blocks. Text blocks are applicable on multiple templates to guarantee consistency.

There is no limit on the amount of templates that can be created.

Yes, changes in data fields are tracked in Coperitas.

An operational transfer pricing tool helps implement your company’s transfer pricing policy accurately and efficiently, aligning it with your administrative processes.

Transfer pricing software refers to specialized digital tools aiding multinational corporations in managing, analyzing, and documenting their transfer pricing processes. These tools typically encompass functionalities like calculating internal prices using various methods, generating documentation reports, comparing transactions with external market data, and assisting in compliance with transfer pricing regulations across jurisdictions.

Pillar 2, also known as the Global Anti-Base Erosion regime (GloBE), is a framework established by the OECD to ensure that multinational enterprises (MNEs) pay a minimum level of tax in each jurisdiction where they operate. The goal of Pillar 2 is to reduce tax competition and profit shifting among countries through the erosion of tax bases.

Benchmarking in transfer pricing is simply comparing the terms of your intercompany transactions with those of independent companies to make sure everything aligns with arm’s length standards. This helps ensure that the transfer prices set by your company are in line with market norms and meet the necessary regulatory requirements. It’s an important step to keep everything transparent and compliant!

Operational transfer pricing is crucial because tax authorities worldwide are increasingly focusing on it. With better access to financial data from MNEs and evolving regulations, tax teams must ensure compliance to avoid penalties.

Transfer pricing documentation includes the required records and documents that multinational corporations must create and retain to substantiate their transfer pricing policies and transactions, complying with the laws of each involved country. This documentation often includes an in-depth analysis of economic conditions, transaction comparability, and pricing methods used. The purpose is to enhance transparency and allow tax authorities to assess the arm’s length nature of the pricing.

Transfer pricing involves determining the prices for goods, services, or intellectual property exchanged between affiliated entities of multinational corporations in different countries. The aim is to ensure that these prices resemble what unrelated parties would pay under similar circumstances. This prevents tax evasion and profit shifting while ensuring fair taxation.

The local files are an annual requirement on a jurisdictional level, depending on the local tax legislation and thresholds that vary per jurisdiction. The contents of the local files focuses on describing the local organization and its material intercompany.

The master file is an annual transfer pricing compliance requirement in most jurisdictions. This file is prepared on a group level and its contents focuses on describing the context in which intercompany transactions take place.