Transfer pricing is the price at which goods and services are exchanged within a group company, usually between different tax jurisdictions. Transfer pricing is carried out to report each division’s profit and loss separately.
Transfer pricing expert witnesses are instructed by companies to either develop effective transfer pricing policies and solutions to prevent a transfer pricing problem occurring, or transfer pricing experts are engaged by companies to assist with resolving transfer pricing disputes with tax authorities such as the IRS or HMRC. Tax authorities also require the services of a transfer pricing expert in their transfer pricing investigations and litigation.
IP Expert Witness Directory’s database contains details of transfer pricing expert witnesses. These transfer pricing experts can be retained by both companies and tax authorities in all matters relating to transfer pricing. Experts, when used in litigation as transfer pricing expert witnesses, are technically engaged by the court or tribunal and not to the party instructing them. All evidence is therefore prepared with this audience in mind, in an impartial, objective and balanced manner.
Finding the right transfer pricing expert witness matters. IP Expert Witness Directory vets all its transfer pricing expert witnesses for the quality of their transfer pricing experience and qualifications in transfer pricing. Experts in IP Expert Witness Directory register specialise in intellectual propety related transfer pricing.
Experts in transfer pricing are generally asked to employ the arm’s length transfer pricing principle, where inter-company transactions should be charged at a rate seen between independents. Transfer pricing expert witnesses are often engaged when a tax authority doubts this has happened. Transfer pricing experts then investigate the situation for both sides and present their conclusions to the court. Quantifying damages relating to a transfer pricing liability can also be calculated by the transfer pricing expert.
To search for a relevant transfer pricing expert witness for assistance with your case, simply fill in the ‘Find an Expert Witness’ form at the top of the page. We will then arrange for the most appropriate transfer pricing expert witness to contact you directly. Let us do the finding for you.