In the current context, companies have the vision and the purpose of being successful in their branches. Globalization is therefore a key aspect in the business world because of the growing need to enter new markets, to have better customer service and a most efficient cost structure access; which are some of the reasons why a company decides to have operations in more than one jurisdiction.
Global trends show a common priority in governmental economies: attracting more investment to increase the contributors’ base and increase tax revenues to reduce fiscal deficits. In consequence, a common practice used by different countries, intending to attract investment, is the reduction of income tax rates.
In this context, tax authorities around the world are creating a series of regulatory tools to be able to control the activities of companies, such as tax incentives, agreements to avoid double taxation, transfer pricing rules and nowadays the BEPS project (erosion of bases and transfer of profits). For this reason, the regulations on transfer prices are increasingly strict to avoid the effects of double non-taxation and so that corporate groups generate a fair tax base for the tax authorities of each country since the tactics and flow strategies of capital organisations are increasingly more sophisticated and aggressive.
TPC Group International specialized in transfer pricing
For this reason, it is established TPC Group International Transfer Pricing Network (former TP Consultants). It is formed by a network of strategic partners in Latin America and Spain, it counts with a team of highly trained specialists in transfer pricing, with access to the most important information tools to meet the challenges that it entails for organizations to properly fulfil the documentation and their inter-company operation analysis and that this is aligned with their financial objectives laid out.
TPC Group is concerned with teaming up with each client since we understand that it is essential to have a reliable corporate service at the local level, which will allow us to understand its environment and needs to generate excellent results. For more than 14 years, our team has served as a fundamental support for the success of companies in charge of the Transfer Pricing regulations and standards imposed in each jurisdiction.