Staying compliant can be tough. Things like regional differences, changing regulations, and the need for solid benchmarking knowledge can slow things down.
Transfer pricing benchmarking solution
Transfer pricing benchmarking is all about keeping you compliant with tax rules, and reducing the risk of audits.
We offer a range of options that fit smoothly with your current operations, letting you choose the level of support that works best for you. Whether you prefer a simple, straightforward approach for easier cases, or need a detailed in-house analysis backed by external data, we’re here to provide flexible, cost-effective support tailored to your needs.
The struggles of benchmarking
Even though benchmarking is crucial, it definitely comes with its fair share of challenges. Let’s take a look at some of the most common ones and see if any of them sound familiar to you.
Complexity
Resources
Depending on your company’s size, you might not have the budget, database, or team to keep up with compliance.
Uniqueness
Your business might need a custom solution that fits your specific needs.
Steps & tips to start benchmarking
There are plenty of ways to improve your benchmarking. The solutions below are all small steps toward creating the perfect benchmarking process for you. Of course, if you’d prefer to have everything in one place, we highly recommend trying Coperitas. If that works for you, feel free to skip the next part and give us a call. We’d be happy to show you how we can solve all your challenges with one simple solution!
up-to-date and in-house
Stay ready
The best advice for keep things manageable is to stay up-to-date. Compliance expectations change constantly! Our recommendation would be to subscribe to newsletters, follow key figures on social media, or to work with providers who monitor these changes for you.
Keep it in-house
The biggest cost of benchmarking often comes from outsourcing. With a tool and a bit of training, your company can perform this task internally, reducing the need to hire specialists.
help and customization
Get what you need
There are still other problems that could occur:
Adding Expert help
If budget isn’t the issue but knowledge or staff capacity is, consider bringing in expert help. A consultant can offer valuable second opinions, and combining a tool with expert help can keep costs low while giving extra assurance.
Make it your own
Your situation may be unique. In that case some customization will help you out. You can request a consultation from a specialist or we can help you personalise your data to match your needs.
What you will receive
What you get is all up to you. Depending on your needs, budget, and resources to change our solution to be tailored to you.
Our solutions
benchmark options
Here are the options Coperitas offers:
Market range
Pragmatic solutions for low-risk, low-volume intercompany transactions. A market overview could be sufficient to set prices within an acceptable range.
In-House Benchmarking
This possibility is suitable for tax teams and professionals that prefer to keep control over the benchmarking process. We provide you with the necessary data, without you having to pay a high sum for a database. This way you have everything you need to do your benchmarking in-house.
Outsourcing
Ideal for companies facing high intercompany transaction volumes or complex cases where expert review is considered necessary. So, if you do not want to think about benchmarking in-house, we got you covered delivering a complete benchmark study.
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