Transfer Pricing in the Energy and Renewable Energy Sector
Transfer Pricing in the Energy and Renewable Energy Sector
Description
Our company collaborated with a large energy sector company active in renewable energy. The company faced complex challenges in aligning transfer pricing with the regulatory framework in the countries where it operated and efficiently managing transfer pricing between different entities in its business chain.
Solution
Our team analyzed regulatory requirements and tax regulations in all relevant jurisdictions. Combining this knowledge with expertise in transfer pricing, we provided the company with recommendations for optimizing transfer pricing and reducing tax risks. We also helped develop an efficient transfer pricing management system, including transparent documentation and clear procedures for applying transfer pricing.
Results
Thanks to our engagement, the company was able to align transfer pricing with regulatory requirements in all the countries where it operated. It also achieved more efficient management of transfer pricing within its business chain, reduced tax risks, and increased transparency in its business activities.
