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,…
Read moreMastering 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…
Read moreEstee 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…
Read moreAn 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…
Read moreFind 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,…
Read moreNavigating 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…
Read moreKongsberg 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…
Read moreInhouse 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
Read moreThe 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…
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Read moreTop 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…
Read moreHow 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…
Read moreMuniFin 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,…
Read moreWACC: 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…
Read moreSavings 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…
Read moreTreasury 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…
Read moreCentralized 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…
Read moreMaking 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…
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