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Transfer prices<\/strong> are the values assigned to transactions between related companies or companies that are part of the same corporate group. These transactions include the purchase and sale of goods, the provision of services, and the transfer of intangible assets such as trademarks or patents. This concept is vital for multinational companies<\/strong>, which must follow the<\/strong> arm’s length principle<\/strong>. This principle ensures that transactions between related parties are valued in the same way as if they were between independent parties, at arm’s length. In Spain, transfer pricing<\/strong> is regulated by the Spanish Corporate Tax Law (LIS)<\/strong>, which obliges companies to carry out their linked transactions at market values. In addition, it requires companies to maintain adequate documentation<\/strong> to justify the prices applied. This documentation is essential to demonstrate that transfer prices comply with the arm’s length principle. Transfer pricing compliance is an essential pillar of international tax planning<\/strong>. With the increase in tax audits<\/strong> and automated tools that analyse the risks of related-party transactions, companies must be prepared to properly justify the valuations they assign to their internal transactions. At GPASOC<\/strong>, we offer a comprehensive and customised approach to transfer pricing management, ensuring regulatory compliance<\/strong> and tax optimisation for our clients. The services we provide include:<\/p>\n At GPASOC<\/strong>, we understand that every company has specific needs. That’s why we offer customised solutions<\/strong> that fit each client’s structure and operations. We keep up to date with changes in tax regulations, allowing us to offer an up-to-date and effective service. Whether your company needs a review of its current policies or assistance in creating new documentation, we are ready to help.<\/p>\n Our team of international tax experts<\/strong> has extensive experience in dealing with transfer pricing in different jurisdictions. We work closely with our clients to ensure that their operations comply with local and international tax regulations, minimising penalty risks and optimising their tax structure.<\/p>\n Choosing us means relying on a team with extensive experience<\/strong> in the field of transfer pricing and international taxation. Our approach is based on transparency, compliance<\/strong> and adaptation to the latest international regulations. Conclusion<\/strong> What are transfer prices? Transfer prices are the values assigned to transactions between related companies or companies that are part of the same corporate group. These transactions include the purchase and sale of goods, the provision of services, and the transfer of intangible assets such as trademarks or patents. This concept is vital for multinational […]<\/p>\n","protected":false},"author":5,"featured_media":3520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"yoast_head":"\n
\nCompliance with this principle is key to avoid tax penalties and to ensure that companies do not unduly benefit from lower tax jurisdictions<\/strong>. Global regulations, such as the OECD guidelines and the BEPS (Base Erosion and Profit Shifting)<\/strong> scheme, seek to prevent tax avoidance and ensure that multinationals are taxed where they generate value.<\/p>\nLegal Framework for Transfer Pricing in Spain<\/h3>\n
\nForm 231<\/strong> is one of the most relevant documents in this area. It is the Country-by-Country Report<\/strong>, an obligation for multinationals with a turnover of more than EUR 750 million. This report allows the Spanish tax authorities, such as the Spanish Tax Agency (AEAT)<\/strong>, to monitor international operations and adjust tax bases in case of detecting base erosion or profit shifting practices.<\/p>\nWhy is Transfer Pricing compliance important?<\/h3>\n
\nAt the international level, the OECD Guidelines<\/strong> provide a uniform framework for member countries, including Spain, to regulate and review transfer pricing. These guidelines were updated in 2022 to include a more detailed focus on the valuation of intangible assets and intra-group financial transactions<\/strong>, areas that frequently generate tax adjustments. Multinationals should take these new guidelines into account to avoid penalties and optimise their tax structure.<\/p>\nOur Transfer Pricing Services<\/h3>\n
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How can we help you?<\/h3>\n
Our commitment to transparency and compliance<\/h3>\n
Why choose GPASOC?<\/h3>\n
\nFor more information on how we can help your company with transfer pricing management, contact us<\/strong> and find out how to optimise your operations with the support of a team of experts.<\/p>\n
\nTransfer pricing is a key tool<\/strong> in international tax planning. At GPASOC<\/strong>, we are committed to helping you comply with tax regulations, both locally and internationally, minimising risks and optimising your company’s tax structure. Contact us for more information and find out how we can help you!<\/p>\n","protected":false},"excerpt":{"rendered":"