Transfer Pricing brochure Transfer Pricing Transfer pricing is a complex yet interesting challenge for multinational corporations. Global corporations must establish appropriate prices at which goods, services, financial instruments and even intellectual property are transferred among their affiliated companies. These pricing practices are subject to complex, frequently changing regulations that impact their subsidiaries, their supply chains, and their competitive strategy. An inevitable consequence of transfer pricing is that pricing decisions determine where profit will be recognized. That, understandably, is an issue of great concern for various national and state governments because the distribution of profits directly impacts their collection of tax revenues. Transfer pricing has continued to grow in importance as businesses increasingly globalize and optimize their supply chains and as more and more governments enact their own specific transfer pricing rules and regulations. Click on the questions below to learn more. - What would my day be like working in Transfer Pricing?
As a member of the Ernst & Young Transfer Pricing (TP) practice, you’ll be assisting major corporations in striking the right balance in their planning and strategy. Transfer pricing practices must be fully transparent and defensible to tax authorities that wish to challenge such practices. Consequently, determining transfer pricing strategies requires extensive research and validation leading to detailed knowledge of processes and markets. You’ll be called upon to use your academic and theoretical background in real-life, hands-on engagements. For instance, you may: - Help clients review their transfer pricing policies and defend those policies with authorities
- Investigate and document the processes that generate income in order to justify a set of fees
- Be asked to present to a senior management team the results of your research of arm’s length prices charged by non-related parties for comparable transactions
- Why should I choose Ernst & Young’s Transfer Pricing practices?
Transfer Pricing assignments are at once vital, exciting and complex. But that’s why you’ll especially appreciate the fact that the Ernst & Young Transfer Pricing group is the most firmly established and globally integrated of the Big Four practices. That means you can count on plenty of support and teamwork while performing cutting-edge services. We also offer enormous opportunities for learning and career growth. And from day one, you’ll be engaged in dynamic assignments, gaining experiences in planning/advisory, economic analysis, tax-efficient supply chain management and even controversy litigation support. The work is both domestic and international, with an array of assignments available. But it doesn’t stop there. Did we mention EYU? EYU is our unique career development framework, and it provides you the right learning, experiences and coaching to achieve your potential and make a difference for our clients, our business, our communities — and each other. - What requirements do I need to start?
Who can succeed in transfer pricing? You may be surprised at how well your background might prepare you. Global transfer pricing support, analysis and decision-making requires a multi-disciplinary approach. We hire business economists, analysts and others who are interested in incorporating real-life experience with theory. - Education: Master’s and Ph.D. degrees in business, finance, economics and related fields or J.D./LL.M. A bachelor’s degree in economics may also be considered.
- Core Skills: Self starters possessing exceptional oral and written communication skills; team-oriented with strong project management skills; committed to quality and excellence; financial and business acumen that will benefit from training programs customized for this discipline.
Bottom line, if you have a passion for learning and client service plus thrive in a team environment, we’d like to hear about it and have you as part of our team. |
