Are you struggling to find time and resources to prepare up-to-date transfer pricing documentation for all your group companies? We at PwC Finland have developed an easy-to-use tool that enables fast creation of transfer pricing documentation (master file and local files) compliant with the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations.
The tool ensures you have consistent transfer pricing documentation throughout the group (terminology, language, transaction characterisation) helping you to mitigate risk of documentation penalties and burdensome transfer pricing audits.
The tool also features an optional Country-by-Country Report (CbC Report) functionality enabling those who are obliged to file a CbC Report to do so in the XML format required by the Finnish Tax Administration. Combining the transfer pricing documentation and CbC Report in the same tool ensures that your group entity characterisation for transfer pricing purposes is reflected in your CbC Report.
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