Transfer Pricing University 101
In this seven-course curriculum, our expert economists uncover the essentials of transfer pricing, and how they operate in the global tax arena. The semester provides a comprehensive look at transfer pricing’s foundational pillars: Methodology, documentation, sourcing and producing reports, and benchmarking, and strategies for implementation.
Session #1
Introduction to Transfer Pricing
What to Expect
Transfer pricing is complicated—and with tax authorities growing more aggressive every day, you had better know what you’re doing. Enter Transfer Pricing University, CrossBorder Solutions’ online education program. This seven-course curriculum, led by our own expert economists, goes back to transfer pricing basics—way back, as in, “What is a controlled transaction?” Beyond a refresher? No worries—you’ll be stewing over hard-to-value intangibles in no time.
Learning Objectives
The learner will be able to describe basic concepts like transfer pricing.
The learner will be able to describe transactional analyses.
The learner will be able to define profit-based analyses.
The learner will be able to describe best-method rule.
The learner will be able to identify adjustments and penalties.
The learner will be able to explain base erosion profit shifting.
Session #2
Transfer Pricing Methodology
What to Expect
Proving your intercompany transaction meets the arm’s length standard isn’t difficult–if you choose the right transfer pricing method. Just one question: How do you do that? You start by signing up for Transfer Pricing University: 101 Session #2: Transfer Pricing Methodology.
In this hour-long-webinar, CrossBorder Solutions’ economic expert walks you through the seven most commonly used transfer pricing methods and reveals when to apply each one. Can you employ the comparable uncontrolled price method on tangible property? What qualifies for the services cost method? These questions, among others, won’t be mysteries for long!
Learning Objectives
The learner will be able to identify when to use the Comparable Uncontrolled Price (CUP) Method.
The learner will be able to identify when to use Comparable Uncontrolled Transaction (CUT) Method.
The learner will be able to identify when to use the Resale Price (RP) Method.
The learner will be able to identify when to use the Cost Plus (CP) Method.
The learner will be able to identify when to use the Comparable Profits Method (CPM)/Transactional Net Margin Method (TNMM).
The learner will be able to identify when to use the Profit Split Method (PSM).
The learner will be able to identify when to use the Services Cost Method (SCM).
Session #3
Profit-Level Indicators, Range Construction & Comparability Adjustments
What to Expect
Proving an intercompany transaction meets the arm’s length standard is the foundation of transfer pricing. And if you rely on the right profit-level indicators, you’re off to a great start. But how do you calculate the berry ratio? A net cost plus? And what qualifies as an operating asset anyway?
No need to lose sleep over questions like these—CrossBorder Solutions’ Transfer Pricing University Session #3 explains it all. Along with PLIs, this hour-long webinar, hosted by Chief Economist Mimi Song, reveals how to construct arm’s length ranges and make comparability adjustments, so you have data you—and tax authorities–can rely on.
Learning Objectives
The learner will be able to identify profit-level indicators.
The learner will be able to describe the standard of comparability.
The learner will be able to identify comparability adjustments.
The learner will be able to reproduce numeric examples.
Session #4
BEPS-Proof Benchmarking
What to Expect
Choosing the right comparables can mean the difference between a smooth transfer pricing transaction and a months-long sit-down with your least-favorite tax authority. The trick is to select comparables discerningly. How do you do that? You start by taking CrossBorder Solutions’ Transfer Pricing University, BEPS-Proof Benchmarking.
This hour-long webinar, led by CrossBorder Solutions’ Chief Economist Mimi Song, reveals how a strong functional analysis and the right tested party can lead to solid comparables. But how do you conduct a search in the 21st century? In this class, we’ll use our sophisticated, AI tax solution, Fiona, to demonstrate that for you, too.
Learning Objectives
The learner will be able to define comparables in a transfer pricing context.
The learner will be able to explain the components and purpose of a functional analysis.
The learner will be able to explain tested party selection.
The learner will be able to list tested party characterizations.
The learner will be able to identify comparability selection criteria.
The learner will be able to summarize the benefits and limitations of databases.
The learner will be able to identify how database limitations affect a benchmarking analysis.
The learner will be able to identify how database limitations affect a benchmarking analysis.
Session #5
Collecting Documentation and Producing Reports
What to Expect
Transfer pricing documentation includes all kinds of facts, analyzes, and calculations. How do you pull it all together? What facts do you need to document? Which employees should you interview? How can you organize localized reports?
In this hour-long webinar, CrossBorder Solutions’ economic expert explores the ins and outs of documentation fact-finding, organization, and producing and storing reports. In other words: All the secrets to transfer pricing compliance are right here wrapped up into one riveting session. You’re welcome.
Learning Objectives
The learner will be able to identify the turning point in the current transfer pricing landscape.
The learner will be able to describe how to collect and organize data.
The learner will be able to provide examples of functional details.
The learner will be able to demonstrate how to produce an effective report.
The learner will be able to describe the purpose of a defense file.
The learner will be able to restate the benefits of collecting information proactively.
Session #6
Localized Compliance
What to Expect
BEPS Action 13 changed the face of transfer pricing compliance forever. How? That’s exactly what we’re diving into during this hour-long webinar.
CrossBorder Solutions’ economic expert will reveal how modern-day tax authorities operate, and she’ll discuss how country-specific requirements vary in terms documentation, economic analyses, comparables, and even how information is organized and presented. What does that mean for your transfer pricing compliance? You’re about to find out.
Learning Objectives
The learner will be able to explain the importance of localized compliance.
The learner will be able to describe how BEPS 13 has impacted the tax compliance requirements for MNEs
The learner will be able to identify country-specific requirements around thresholds, benchmarks (comparables) and economic analysis
The learner will be able to describe how formats can vary in different jurisdictions and identify new reporting requirements.
Session #7
Risky Documentation Pitfalls and How to Avoid Them
What to Expect
There are so many ways for tax authorities to question transfer pricing documentation, so why make it easier for them by submitting documentation with obvious loopholes? How do you ensure your transfer pricing documentation is airtight? Start by taking this hour-long webinar.
In this session, CrossBorder Solutions’ economic expert, will walk you through mistakes that multinational corporations continue to make time and time again. She’ll discuss how to avoid omissions, missteps, and pitfalls so your documentation becomes an audit-proof package that no tax authority could find fault with.
Learning Objectives
The learner will be able to list the different types of documentation pitfalls.
The learner will be able to list country-specific requirements.
The learner will be able to explain the importance of reading the fine print.
