Better Transfer Pricing Compliance Through Technology for MNEs

As 2023 comes to a close, transfer pricing professionals are juggling country-by-country reporting, compliance deadlines, and financial reporting concerns, not to mention preparing for Pillar 2 compliance. Utilizing organized and flexible transfer pricing technology will be able to help multinational enterprises (MNEs) be more efficient in navigating their compliance requirements. This article will help define where MNEs should focus their energy, what will provide them the greatest efficiency, and how they should structure transfer pricing departments to thrive in a confusing, chaotic tax environment.

Tax departments are dealing with an unusual labor market with both low attrition and insufficient staffing ...