Transfer pricing

Simplifying transfer pricing compliance

Transfer pricing is a complex area of corporate tax and a key point of risk for multinationals. The cross‑border compliance burden for corporations is significant ⁠–⁠ and non‑compliance can mean costly penalties.

Our transfer pricing team can help you navigate this regulatory maze by managing all aspects of the transfer pricing reporting process, freeing you up to focus on growing your business. Our transfer professionals excel at helping businesses take the right steps to minimize their exposure to lengthy audits, transfer pricing adjustments, double taxation, penalties and interest.

Success is in the details 

Maintaining clarity in transfer pricing requires detailed identification and analysis, as well as proper documentation of transfer of goods, intangibles, the provision of services and financing across borders. These transactions must be reported consistently, in accordance with every relevant jurisdiction's tax laws.

Our expertise

With member firms across the country and key partners around the world, we're able to smoothly handle transactions wherever you do business.

The advance planning advantage

The best way to steer clear of reassessment and penalties is to identify transactions affected by transfer pricing regulations before they occur. At this early stage, it's possible to ensure adherence to the arm’s‑length standards set by the Canada Revenue Agency (CRA) and foreign tax authorities. 

Reach out to your Baker Tilly advisor to learn more.