Intercompany transactions since many years are ruled by transfer pricing (arm’s length) principles. In the past the proof of the arm’s length nature had to be substantiated through transfer pricing documentation.
Recently the so-called BEPS Action Plan has further increased the international awareness of transfer pricing. In fact, based on Action 13 of the BEPS action plan a three-tiered standardized reporting structure for international organizations is recommended. This consist of an annual country-by-country report, along with a global master file and local transfer pricing files. Through our software solution “Transfer Pricing Genie” we can assist you to become BEPS Action 13 compliant in and effective and cost efficient manner. We can handle this in the Netherlands as well as in the relevant foreign countries.