http://www.kpmginstitutes.com/taxwatch en-us © 2012 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-a-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. Updates from KPMG International member firms' Global Transfer Pricing Services professionals KPMG International Keep abreast of key transfer pricing trends and developments around the world with KPMG's Transfer Pricing Matters -- Global Developments Series. Hosted by Global Transfer Pricing Services professionals from KPMG International member firms, these podcasts address topics such as changes in transfer pricing regulations and penalty regimes, global, regional, and country-specific trends in intercompany pricing documentation, corporate transfer pricing policy, and controversy and potential resolution alternatives. (© 2012 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-a-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. Keep abreast of key transfer pricing trends and developments around the world with KPMG's Transfer Pricing Matters -- Global Developments Series. Hosted by Global Transfer Pricing Services professionals from KPMG International member firms, these podcasts address topics such as changes in transfer pricing regulations and penalty regimes, global, regional, and country-specific trends in intercompany pricing documentation, corporate transfer pricing policy, and controversy and potential resolution alternatives. (© 2012 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-a-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. transfer pricing, tax, tax authorities, intercompany, transactions, international business, multinational business, global business, business risks KPMG International us-taxwatch@kpmg.com No http://www.kpmginstitutes.com/xml/transfer-pricing.xml Wed, 23 Nov 2011 17:00:00 GMT Mandatory Arbitration for Resolving Disputes, released in November 2011, highlights the recent activity regarding the use of mandatory arbitration when international taxpayers and regulators encounter lengthy disputes. Tax regulators in the U.S. have been considering how mandatory arbitration regarding dual taxation will be addressed in future U.S. treaties with key financial partners such as Switzerland and Japan. The likely outcome will be more treaties requiring arbitration to prevent drawn-out negotiations regarding dual taxation and multinational companies. Brian Trauman, the National Principal-in-Charge of KPMG's Transfer Pricing Dispute Resolution practice, discusses how mandatory arbitration is likely to become more common in the future and the potential associated benefits. 2169594882-2169595629 7:11 Mon, 18 Apr 2011 16:00:00 GMT Recent Developments in Transfer Pricing Regulations, released in April 2011, spotlights KPMG International's recently released Global Transfer Pricing Review (2011 Edition). The review offers a snapshot of transfer pricing rules in 64 countries to help multinational companies stay current with the ever-changing and expanding transfer pricing rules worldwide. Steve Fortier, leader of KPMG's Global Transfer Pricing Services practice, discusses the review and some key trends in the Americas, Europe, and Asia-Pacific regions. 1877132281-1877137322 7:00 Wed, 13 Apr 2011 16:00:00 GMT Managing the Transfer Pricing Implications of Complex Supply Chains, released in April 2011, provides an overview of how transfer pricing around corporate supply chains has become increasingly complex and closely scrutinized in recent years. This podcast is hosted by Steve Fortier, leader of KPMG's Global Transfer Pricing Services practice. Steve introduces a new report prepared by KPMG International entitled A World in Transition: Managing the Transfer Pricing Implications of Complex Supply Chains. 1881582324-1881654681 4:05 Mon, 31 Jan 2011 12:00:00 GMT Released in January 2011, this podcast focuses on the new tax regulations currently in effect in Taiwan. Global Transfer Pricing Services leaders from KPMG International member firms discuss the steps multinational companies should take to reduce the risk of unfavorable transfer pricing audits under these new regulations. The new law, "The Statute for Industrial Innovation," or the "SII," is aimed at simplifying the profit-seeking enterprise income tax system and enhancing the fairness of business taxation. 1707697837-1707721087 13:36 Mon, 24 Jan 2011 12:00:00 GMT Released in January 2011, this podcast highlights the revisions that South Korea's National Tax Service (NTS) recently made to transfer pricing policies. These changes include exempting more companies from the requirement to submit transfer pricing declaration forms and a clarification of South Korea's documentation requirements. Global Transfer Pricing Services leaders from KPMG International member firms also discuss how the NTS amended regulations on the use of the Berry ratio as a profit level indicator under the transactional net margin method. 1707708173-1707721089 9:42 Mon, 17 Jan 2011 12:00:00 GMT Released in January 2011, this podcast highlights the significant change in transfer pricing policies in China, where the State Administration of Taxation, or SAT, has completely rewritten its regulations during the past few years. The SAT released new guidelines in early 2009, and since then the tax authorities have issued a multitude of additional circulars to clarify and expand upon its regulations. Global Transfer Pricing Services leaders from KPMG International member firms discuss how the fast pace of change in China's transfer pricing laws means it is essential for multinational companies to monitor and manage their transfer pricing practices to ensure compliance with the latest requirements. 1707715781-1707721090 10:36 Mon, 17 Jan 2011 11:00:00 GMT Released in January 2011, this podcast highlights the recent modification of Japan's transfer pricing documentation requirements. Global Transfer Pricing Services leaders from KPMG International member firms discuss how these changes will have significant implications for multinational companies with intercompany transactions involving Japanese entities. Additionally, the speakers focus on how these changes will require taxpayers to promptly provide transfer pricing documentation requested by tax authorities during a transfer pricing audit. 1707700085-1707721088 8:17 Mon, 03 Jan 2011 12:00:00 GMT Released in January 2011, this podcast provides an overview of the fast-paced changes in transfer pricing taking place in the Asia Pacific region, focusing on Australia, Hong Kong, and Indonesia. Global Transfer Pricing Services leaders from KPMG International member firms discuss how multinational companies have increased their operations and supply chains in multiple countries, which has resulted in transfer pricing becoming of greater importance and progressively more complicated. Additionally, the speakers discuss how the global recession and resulting lower tax revenues have prompted tax authorities to more closely review multinationals' transfer pricing calculations and justifications. 1707666327-1707721086 10:03 Tue, 23 Mar 2010 16:00:00 GMT Transfer Pricing Matters -- Planning in the Recovery, released in March 2010, focuses on the effect of the global economic downturn on transfer pricing at multinational companies. Steve Fortier, leader of KPMG's Global Transfer Pricing Services practice, and Steve Blough, a principal in Washington National Tax practice of the U.S. member firm of KPMG International, discuss the current economic environment and the issues companies may want to consider as they redraw their transfer pricing policies during this period of recovery. Their comments are based in part on a report prepared by KPMG International last fall. 1445341075-1450005558 5:15 Mon, 12 Oct 2009 16:00:00 GMT Transfer Pricing Matters -- Global Trends in Review, released in October 2009, spotlights KPMG International's recently released Global Transfer Pricing Review. The review offers a snapshot of transfer pricing requirements in 60 countries to help multinational companies stay current with the ever-changing transfer pricing rules worldwide. Steve Fortier, leader of KPMG's Global Transfer Pricing Services practice, discusses the review and some key findings in the Americas, Europe, and Asia-Pacific regions. 1269549471-1269550385 4:40 Mon, 14 Sep 2009 16:00:00 GMT The first episode in this two-part series, featuring GTPS professionals Waman Kale and Lucia Fedina, covers the tax authorities' views and documentation requirements in Brazil, Russia, India, and China, the so-called BRIC countries. 1233453421-1233469843 9:16 Mon, 14 Sep 2009 15:55:00 GMT The second episode in this two-part series, featuring GTPS professionals Waman Kale and Lucia Fedina, covers transfer pricing audits and taxpayers' options in dealing with tax authorities. 1233461798-1233469844 9:04 Mon, 13 Jul 2009 16:00:00 GMT Managing Transfer Pricing Risks in Mergers and Acquisitions, released in June 2009, spotlights the important issues surrounding transfer pricing risk management incident to business restructurings, in particular with respect to merger and acquisition (M&A) activity. GTPS leaders Marc Alms and Dave Rutges discuss the significance of transfer pricing in the M&A process and how strongly it must be considered both in the pre- and post-close phases of an acquisition. 1142219816-1142221492 7:00 Fri, 01 May 2009 12:00:00 GMT APAs versus Audits, released in May 2009, focuses on managing transfer pricing risk through Advanced Pricing Agreements, known as APAs, or through tax audits. To help make sound transfer pricing risk management decisions, Sean Foley and Mindy Piatoff from KPMG LLP in the United States discuss the factors that may lead a taxpayer to seek an APA instead of waiting for a potential tax audit. 1082029457-1107110189 8:03 Tue, 07 Oct 2008 16:00:00 GMT A Meeting of Minds -- Resolving Transfer Pricing Controversies, released in August 2008, focuses on transfer pricing controversy issues and potential resolution alternatives through a series of articles by 39 Global Transfer Pricing Services (GTPS) professionals from 19 KPMG International member firms. GTPS leaders Steve Fortier and Steve Harris discuss why tax authorities around the world are generally increasing their transfer pricing enforcement activities, what issues may trigger tax authority investigation of inter-company transactions, and what you'll find in "A Meeting of Minds" to help you better understand this new environment and help make sound transfer pricing risk management decisions. 1107129902-1107130655 6:47