Results for ‘Transfer pricing’

Transfer Pricing Compliance with Zanders Transfer Pricing Suite: Royal Philips Case Study

Zanders Transfer Pricing Suite is an innovative, cloud-based solution designed for companies looking to automate the Transfer Pricing compliance of financial transactions. With over five years of experience and trusted by more than 60 multinational corporations, the platform is the market-leading solution for financial transactions Transfer Pricing. On March 31,…

Mastering Financial Transaction Transfer Pricing

Financial Transaction Transfer Pricing has been subject to intense scrutiny in recent years. The publication of Chapter X by the OECD in 2020, which provided additional guidance on approaching these transactions, along with various macroeconomic events such as the COVID-19 pandemic and subsequent global policies to combat inflation, has drawn…

Transfer Pricing Solutions

Transfer Pricing Suite in Action

Estee Lauder’s experience with Zanders Transfer Pricing Suite

In an effort to continuously improve and automate its internal processes, the American multinational cosmetics company wanted to leverage technology and further enhance the Transfer Pricing compliance of financial transactions. As a result, it engaged Zanders to use its cloud-based Transfer Pricing Suite. Estee Lauder has been Zanders’ client for…

An SAP cockpit for seamless transfer pricing compliance

Therefore, we decided to leverage our cloud-based solution and enable SAP users to determine the arm’s length interest rate with just a few clicks. The pricing of various treasury transactions, as for all intercompany flows, is subject to transfer pricing regulation. In essence, treasury and tax professionals need to ensure…

Find your formula: Our guide to pricing intra-group loans

In today's volatile macroeconomic climate, heightened by high interest rates, intra-group loans have become focal points for tax authorities. The application of an arm’s length interest rate in pricing these transactions has thus gained paramount importance. Organizations typically employ four main approaches—Comparable Uncontrolled Price (CUP), Cost of Funds, Economic Modeling,…

Navigating intercompany financing in 2024

In January 2022, the OECD incorporated Chapter X to the latest edition of their Transfer Pricing Guidelines, a pivotal step in regulating financial transactions globally. This addition aimed to set a global standard for transfer pricing of intercompany financial transactions, an area long scrutinized for its potential for profit shifting…

Kongsberg Automotive’s road map to a transformed treasury

In a short period, the company took several steps in maturing its treasury, so successfully that it received an Adam Smith Award. How did Kongsberg Automotive manage to achieve this? Since the late 1950’s, Kongsberg Automotive has developed from a Scandinavian automotive parts supplier to a global leader in one…

Inhouse bank & payments

By introducing an advanced inhouse bank structure, we unlock better performance by empowering your treasury to centrally scrutinize cashflows, net intercompany positions, optimize FX trading, and allocate liquidity in the most optimal way

The impact of liquidity spread risk on banks’ earnings

External client rates can be split up in an interest-rate component, a liquidity spread and a margin covering, for example, operational and credit risk. To limit the risk of a decline in profitability, banks often hedge the interest-rate risk as part of their risk management framework. Since the global financial…

Software

Top priorities driving your Treasury agenda in 2022

Now that we have passed and are still in an uncertain period, it is time to discover opportunities to reposition and prepare for new challenges and developments. How should you, as a treasurer, prepare for another unpredictable year? What can your company, and the treasury organization specifically, do to add…

How to set cash pool and in-house bank interest rates

The pricing of intercompany treasury transactions is subject to transfer pricing regulation. In essence, treasury and tax professionals need to ensure that the pricing of these transactions is in line with market conditions, also known as the arm’s length principle, thereby avoiding unwarranted profit shifting. We have has been assisting…

MuniFin builds balance sheet strength for sustainable growth

As MuniFin has been growing fast in recent years, the bank is now under the supervision of the European Central Bank (ECB). This means complying with the corresponding regulations, particularly in the field of asset and liability management (ALM). How does the organization deal with the new ALM challenges? MuniFin,…

WACC: Practical Guide for Strategic Decision- Making – Part 8

The WACC is a calculation of the ‘after-tax’ cost of capital where the tax treatment for each capital component is different. In most countries, the cost of debt is tax deductible while the cost of equity isn’t, for hybrids this depends on each case. Some countries offer beneficial tax opportunities…

Savings modelling series: Non-maturing deposits model concepts

Are you interested in a more in-depth comparison of deposit modeling concepts? Click here. For banks with significant non-maturing deposits portfolios, Risk Management functions need to have a robust behavioural risk model. This model is required for Interest Rate Risk in the Banking Book reporting, hedge, stress testing, risk transfer, and…

Treasury trends 2023

With year-end approaching quickly it is a natural moment to look back, zoom-out a bit and look forward to the coming year(s). Last year was, for most treasurers, a bumpy road. We witnessed another year with uncertainty and volatility in the financial markets due to the residual effects of the…

Centralized FX risk hedging to a base currency in SAP Treasury

Corporate treasuries have multiple strategic options to consider on how to manage the FX risk positions for which SAP’s standard functionality efficiently supports the activities such as balance sheet hedging and back-to-back economic hedging. These requirements can be accommodated using applications including “Generate Balance Sheet Exposure Hedge Requests”, and the…

Making a SWIFT Decision: Alliance Lite or Service Bureau?

Corporate treasurers often look to SWIFT to standardise cross-border messaging, to facilitate payments and other financial transactions, and to avoid being bound to one bank’s proprietary system. With SWIFT’s launch of the cloud-based new Alliance Lite2 (AL2) last year and the recent introductions of new requirements and certification of SWIFT…