Operational transfer pricing
At Coperitas, we adhere to the operational transfer pricing definition: “the practice of doing everything necessary to price individual intercompany transactions, and to accurately reflect transfer pricing policies in the administration and financial results of the parties involved”. Multinationals may be advised to pay attention to setting the right policy and ensuring that it is properly implemented. The transfer pricing policy must be correctly implemented in the organisation. Coperitas offers transfer pricing software that helps implementing transfer pricing policies and designs.
The importance of operational transfer pricing
Tax authorities across the globe have increased their focus on transfer pricing. Not only do tax authorities have more information on the financials of MNEs, but also the regulations that accompany them are increased (and still do). Therefore, operational transfer pricing is of paramount importance to tax authorities, and thus also to tax teams within MNEs. Other factors contributing to the importance of operational transfer pricing are the increase in compliance requirements, automatic information exchange between tax authorities and, more importantly, technological developments that enable tax authorities to perform advanced audit selections. Technological developments, on the other hand, can also offer benefits in the field of operational transfer pricing.
Operational transfer pricing tool
Once your company’s transfer pricing policy and design has been determined, it is important that this policy is implemented in the organisation. Together with business partners, Coperitas offers an operational transfer pricing software that helps your company to implement your policy correctly and in a way that suits your administrative processes.
Together with business partners, Coperitas offers your company an accessible and flexible operational transfer pricing tool in which you can easily keep an overview of transfer pricing policies and actual transactions. Contact us for a demo and see what operational transfer pricing tools can do for you. 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!
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.