Does BEPS Require Multinationals to Centralise their Transfer Pricing?
Actually, “centralization” may not be the way to go on this one.
Although consistency will indeed require tighter coordination, this may not entail “centralization” by any stretch of the imagination.
In fact, if transfer pricing documentation is to be ever-increasingly fact driven to address the new BEPS documentation rules, “decentralization” may be in order for most of the transfer pricing documentation process…
As for automation, which is also being pushed everywhere, let’s remind ourselves of the old adage: garbage in, garbage out…
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