
The complicated world of transfer pricing just got easier to understand. Baker Tilly Windsor's new specialty transfer pricing service helps businesses navigate this complex area of corporate tax. While sound transfer pricing planning can considerably reduce tax liabilities, tax authorities will often review such transactions, and non-compliance with any requirements can be costly. Our experienced team will help you follow procedures to minimize the risk of reassessment and other penalties.
Don't know where to start?
A common trap is getting bogged down in the details and having multiple extraneous data collected and analyzed. We develop a workplan that is specific to your business and your transfer pricing objectives. We collect the data, apply relevant frameworks and perform analysis that adds value for you. Our team has a large and growing playbook of pragmatic approaches that have been implemented and defended. We pride ourselves on getting straight to the heart of the matter to create lean and effective transfer pricing solutions.
To accurately perform a transfer pricing transaction, we help you navigate the Canadian transfer pricing legislation and global transfer pricing regimes by developing, enhancing, maintaining and protecting your transfer pricing policies. This includes managing the reporting process, including compliance requirements, proper documentation and adherence to the arm's length standards followed by the Canada Revenue Agency and other worldwide tax jurisdictions. Our team can minimize your company's exposure to lengthy audits, transfer pricing adjustments, double taxation as well as penalties and interest. We work with Baker Tilly advisors across the country and key partners around the world, allowing us to smoothly handle transactions wherever you do business.