Coperitas
Global transfer pricing
Transfer pricing is about undertaking global transactions between related parties at an arm's length value. After the introduction of BEPS in 2016, the definition ‘at arm’s length’ was reinvigorated. It received increasing attention and with it the importance of global transfer pricing increased dramatically. This led to a sharp increase in tax audits in the field of transfer pricing. To stay in control over every aspect related to global transfer pricing, MNEs should re-evaluate their current transfer pricing policies and try to minimise their risk in the case of an audit.
The value chain analysis
A good starting point is to look at your company’s transfer pricing value chain analysis. More specifically, this reflects the value added by each service or product you as a company provide to others – recipients. When pricing these various value-added services or products, you need to look at a price which is in line with the arm’s length principle (i.e., comparable transactions), mentioned above. Such challenges require global transfer pricing solutions. Specifically for financial transactions, it can be difficult to identify suitable comparable transactions. Once the comparables are identified and the design is in place, monitoring is required to ensure that policies are in line with the pricing of transactions. Global tax software gives you the advantage of oversight and provides for deeper insight in your financials. Besides the convenience of transferring this automatically into the required documents, Coperitas also gives you maximum control over this process.
Financial services and transfer pricing
Financial services within the transfer pricing discipline can include intercompany loans, financial guarantees and cash pools. When these financial services take place within your group, it is important to implement transfer pricing policies and document this properly. Coperitas can assist in documenting and monitoring financial services related transactions in an automated way.
Global transfer pricing solution
Coperitas, a global tax software, provides a complete and transparent overview and in-depth insight into company data, within a professional cloud based environment. Coperitas creates insight into legal entities and corresponding legal structure, intercompany transactions, value chain and financial information. The OECD transfer pricing documentation generator enables your company to become compliant. If local compliance regulations apply, Coperitas is flexible to align with these regulations. In short, Coperitas offers your company many advantages. It can therefore be the global transfer pricing solution your company needs. From transfer pricing documentation software to global transfer pricing. If you would like to discuss how Coperitas could benefit your company, please make an appointment for a demo. We are looking forward to meeting you.
Goal of our solution
One thing was very clear from the start: our solution had to be user-friendly and enable tax teams to become and remain in control without unnecessary interference from consultants. And we achieved our goal. Coperitas succeeded in creating a transfer pricing tool that can function as a stand-alone solution for your Transfer Pricing challenges and automation.
All the information combined
On the well-defined dashboard all this information is combined, and the great transfer pricing documentation generator makes sure you always stay compliant and in control. Because of the flexible way Coperitas is designed, it can also serve as a solution for challenges related to tax, finance, and legal matters.
Built with knowledge
During development, we worked closely with tax teams of multinationals and transfer pricing experts. This resulted in additional features. Precisely these features made the in-house tax department of one of the largest Dutch multinationals decide to switch from their running software solution to Coperitas.
Empowering tax teams with passion
It is our passion to empower tax teams to operate independently and become in control of their transfer pricing with the help of technology. We guide clients to make an informed decision on the optimal use of technology within their company. Partnerships enable us to offer clients software solutions that are not only applicable to today’s goals, but also to those of tomorrow. Thanks to these partnerships, Coperitas can rely on a combined experience of over 100 years of practical transfer pricing knowledge. This means that we can support you every step of the way!
Empowering people
More about Coperitas
The journey of Coperitas began in 2016 when we took on the challenge of creating the extra mile for multinationals. Our goal: to answer the increasing demand for flexible transfer pricing software from tax teams. This started the search for an effective solution to the growing compliance burden of multinationals.
Coperitas
Empowering people
Controlling transfer pricing within a dynamic environment is challenging. Coperitas automates your
transfer pricing compliance and monitoring to free up time and budget.