What does transfer pricing service include?

Transfer pricing requires in-depth analysis and a proper understanding of tax legislation: 

• Detailed study and identification of transactions  – in the first stage, we analyze all operations carried out with related parties – be it the provision of goods or services, loan relationships or other types of transactions. We determine the economic content, purpose and possible tax impact of each transaction.
• Market conditions analysis and pricing compliance  – In the next stage, we check whether the prices used by your company are in line with market principles. To do this, we use both local and international market data, including OECD guidelines and comparative analysis methodology.
• Data collection, processing and comparative market research  – we collect the necessary financial and commercial data needed to determine the market price. At the same time, we assess the structure of each transaction and determine whether there is a tax risk associated with incorrect pricing.
• Verification and optimization of the pricing methodology  – our experts assess whether the transfer pricing method is correctly selected and applied. If necessary, we offer an alternative method to reduce tax risks. 
• Tax compliance assessment and risk identification  – we verify whether your operations comply with the requirements of Georgian tax legislation and international standards. At the same time, we assess possible tax risks and create an action map to avoid them.
• Preparation of conclusions and recommendations  – based on the results of the analysis, we prepare a detailed report – a substantiated conclusion and recommendations that you can use both during a tax audit and in the decision-making process. The conclusion includes a reasoned position, data analysis, methodology used, and a description of further steps.

Representation with the tax authorities and ongoing support  – if necessary, the Loialté team will represent your interests in the process of communicating with the revenue service – when submitting documentation, issuing explanations or participating in discussions. This ensures your legal protection and comfort when dealing with the tax authorities.