ONESOURCE Transfer Pricing Description

ONESOURCE Transfer Pricing streamlines the complete transfer pricing process by aggregating data from both internal and external sources into a unified repository that contains details of international transactions along with all necessary documentation. It provides immediate access to over 2.1 million records from private and public companies, enhancing the functionality of comparable databases and benchmark search tools that automatically gather, filter, and assess benchmarks in relation to pertinent global competitors. Furthermore, a BEPS Action Manager keeps track of evolving regulatory frameworks, simplifies the preparation and submission of digital documentation, and guarantees that policy modifications are monitored and communicated throughout the organization. Tax professionals are empowered to assess, design, implement, and oversee transfer pricing policies with comprehensive, standardized documentation; they can also strategize future pricing with continuously updated comparables while ensuring a detailed audit trail for each accounting action taken. This integrated approach not only enhances compliance but also promotes transparency and efficiency in transfer pricing practices.

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Company Details

Company:
Thomson Reuters
Headquarters:
India
Website:
www.thomsonreuters.in/en/products-services/tax-accounting/transfer-pricing.html

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Product Details

Platforms
Web-Based
Types of Training
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In Person
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Online Support

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