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 necessity to enter new markets, having better customer service, and a most efficient cost structure access, being some of the reasons why a company decides to have transactions in more than one jurisdiction.
Global trends show a common priority in governmental economies: attracting more investment to increase the taxpayers’ base and increase tax revenues to reduce fiscal deficits. Thus, a common practice used by different countries, to attract investment, is the reduction of income tax rates.
In this context, tax authorities of the whole world are creating a series of regulatory tools to control the activities of companies, such as tax incentives, agreements to avoid double taxation, Transfer Pricing rules, and actually, the BEPS project (Base Erosion and Profits Shifting). Due to this, Transfer Pricing regulations are increasingly strict to avoid the effects of double non-taxation and to generate corporate groups a fair tax base for the tax authorities of each country, since the tactics and flow strategies of organizations’ capital are increasingly more sophisticated and aggressive.
TPC Group was established as a firm specialized in Transfer Pricing having a team of specialists with multidisciplinary training and highly qualified in the field, working in more than 20 countries with access to the most important databases and applications to face the challenges that currently implies for local and multinational organizations, seeking to comply adequately with the supporting documentation and analysis of their intercompany transactions, and that this is aligned with the financial objectives set by the economic group.
TPC Group is concerned about forming a team with each client, so it is essential to have a globally corporate and reliable service, which allows understanding their environment and needs to generate excellent results.
For more than 16 years, our team has supported the success of companies in each country belonging to local and multinational economic groups in complying with Transfer Pricing regulations and standards imposed in each country where we work.