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Thomson Reuters Unveils End-to-End Transfer Pricing Solution

ONESOURCE helps global companies comply with tightening transfer pricing regulations

Thomson Reuters
Fri, 07/20/2012 - 15:57
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(Thomson Reuters: New York) -- Thomson Reuters has published the latest version of ONESOURCE Transfer Pricing, the first comprehensive software and content suite to address the entire transfer pricing workflow within a corporation.

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ONESOURCE Transfer Pricing helps global organizations automate and control data collection, policy creation and documentation, and ongoing financial monitoring to ensure compliance. This is particularly important in light of recent moves by governments globally to tighten transfer pricing regulations and strengthen enforcement to generate billions of dollars in incremental revenues each year.

New and updated components that are instrumental to this end-to-end solution are:
• Transfer Pricing Analyzer (TPA), which provides users with a single, up-to-date view of transfer pricing obligations across key jurisdictions around the world, and the ability to apply such rules in the context of a single company resident in one of the jurisdictions covered
• Updated data collection features in the Documenter and Benchmark web-based solutions that enable corporations to analyze the arm’s-length nature of tangible, intangible, and service transactions

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