As global tax reform reshapes the way multinationals manage cross-border transactions, Operational Transfer Pricing (OTP) is rapidly becoming a business-critical priority, especially in the Asia-Pacific (APAC) region.
As global trade becomes more complex, companies are re-examining their supply chains - and transfer pricing is at the heart of that conversation.
In multinational enterprises, it is common for parent companies or group service companies to provide intra group services to related parties. These services are outsourced to the group service provider for business convenience and efficiency reasons.