n Tax Breaks Newsletter - Transfer pricing : an increasing tax risk : financial services industry
|Article Title||Transfer pricing : an increasing tax risk : financial services industry|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Sep 2005|
Extracted from text ... Moneyweb's TAX BREAKS September 2005 7 FINANCIAL SERVICES INDUSTRY Transfer pricing: an increasing tax risk By KATHY THERSBY TRANSFER pricing is central to the management of tax risk in the financial services industry, according to research recently published by professional services firm Ernst & Young. The research showed that the risk is truly global in scope, with 28 countries cited by the survey respondents as likely to challenge their transfer pricing arrangements during the next two years. The survey, entitled Transfer Pricing Organisations, Audits and Priorities in the Financial Services Industry, was carried out in May and June 2005. ..
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