It’s Much More
than Just Price

The 4Cs of CrossBorder Solutions Success

By relying on technology, rather than expensive consultants, CrossBorder Solutions has been able to dramatically lower the costs associated with transfer pricing compliance. However, COST is only one of the reasons that we are becoming the industry standard for affordable transfer pricing documentation.

Consistency: In today’s BEPs environment, where tax authorities routinely share transfer pricing information with one another, it is critical that pricing policies be consistent across jurisdictions. Employing technology to centralize the compliance process in the cloud helps ensure that the required documentation contains the same data from country to country.

Image of man with umbrella and puddle on transfer pricing website - Crossborder Solutions

Comprehensive Protection: In today’s hyper-nationalistic environment, it is no longer advisable to simply focus on your largest transactions with your biggest subsidiaries. Instead, to reduce exposure to significant penalties, best practice dictates that you produce documentation that covers all of your inter-company transactions. Moreover, this work must be localized to meet the requirements of each jurisdiction. Unfortunately, relying on outside consultants to do this work is cost prohibitive for most companies. Only by relying on powerful technology, can you hope to achieve this for a reasonable price.

Complete Solution: As the attention to transfer pricing has exploded, the requirements for taxpayers have also dramatically increased. Unfortunately, the days of producing a few generic reports has long passed. Now companies must prepare localized documentation for all of their transactions. Moreover, under the new BEPS requirement the absence of a master file is a red flag to the tax authorities. Of course, the CBC reporting mandate places a further burden on a tax department. For most taxpayers, the costs of outsourcing outweigh the benefits and unfortunately bringing the work in-house is typically not an option for most resource constrained tax departments. A reasonable approach is to rely on CrossBorder Solutions technology based complete solution which provides companies with the ability to produce all of the required work in a fraction of the time and for a fraction of the traditional cost.

Consistency: In today’s BEPs environment, where tax authorities routinely share transfer pricing information with one another, it is critical that pricing policies be consistent across jurisdictions. Employing technology to centralize the compliance process in the cloud helps ensure that the required documentation contains the same data from country to country.

Image of man with umbrella and puddle on transfer pricing website - Crossborder Solutions

Comprehensive Protection: In today’s hyper-nationalistic environment, it is no longer advisable to simply focus on your largest transactions with your biggest subsidiaries. Instead, to reduce exposure to significant penalties, best practice dictates that you produce documentation that covers all of your inter-company transactions. Moreover, this work must be localized to meet the requirements of each jurisdiction. Unfortunately, relying on outside consultants to do this work is cost prohibitive for most companies. Only by relying on powerful technology, can you hope to achieve this for a reasonable price.

Complete Solution: As the attention to transfer pricing has exploded, the requirements for taxpayers have also dramatically increased. Unfortunately, the days of producing a few generic reports has long passed. Now companies must prepare localized documentation for all of their transactions. Moreover, under the new BEPS requirement the absence of a master file is a red flag to the tax authorities. Of course, the CBC reporting mandate places a further burden on a tax department. For most taxpayers, the costs of outsourcing outweigh the benefits and unfortunately bringing the work in-house is typically not an option for most resource constrained tax departments. A reasonable approach is to rely on CrossBorder Solutions technology based complete solution which provides companies with the ability to produce all of the required work in a fraction of the time and for a fraction of the traditional cost.