The increasing internationalisation of business, the complexity of multinational groups, as well as the increased scrutiny of Tax Authorities regarding intra-group transactions, turns transfer pricing into one of the major causes of significant tax contingencies. Nevertheless, the alignment of intra-group transactions with the desirable tax efficiency and with a group’s value chain is now one of the main ways to manage effective global tax rate efficiently.
PricewaterhouseCoopers’s Transfer Pricing specialists, a global network of more than 1600 professionals in 60 countries, are highly experienced in collaborating in multinational projects, sharing the latest methodologies and resources.
For the third year in a row (2008, 2009 and 2010) PwC Portugal has been awarded Portuguese Transfer Pricing Firm of The Year at the International Tax Review European Tax Awards. In 2009, PricewaterhouseCoopers was also awarded the European Transfer Pricing Firm of the Year and The Global Tax Monitor, a global study led by research agency TNS, recognized PwC as the leading firm globally for transfer pricing, by reputation, with a very strong lead over the competition, according to data from the second quarter of 2009.