[et_pb_section bb_built=”1″ fullwidth=”on” _builder_version=”3.0.59″ custom_padding=”130px|||”][et_pb_fullwidth_header title=”TRANSFER PRICING STUDIES” _builder_version=”3.0.64″ text_orientation=”left” header_fullscreen=”off” header_scroll_down=”off” image_orientation=”center” background_layout=”dark” content_orientation=”center” custom_button_one=”off” button_one_letter_spacing=”0″ button_one_icon_placement=”right” button_one_letter_spacing_hover=”0″ custom_button_two=”off” button_two_letter_spacing=”0″ button_two_icon_placement=”right” button_two_letter_spacing_hover=”0″ background_color=”#eb9b22″ custom_css_main_element=”width:100%;||padding-top:10px;” /][/et_pb_section][et_pb_section bb_built=”1″ admin_label=”section” _builder_version=”3.0.47″ custom_padding=”0px|0px|54px|0px”][et_pb_row admin_label=”row” _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″][et_pb_accordion open_toggle_background_color=”#ffffff” closed_toggle_background_color=”#ffffff” icon_color=”#3e3d40″ _builder_version=”3.0.63″ body_font=”Source Sans Pro||||” toggle_font=”Source Sans Pro||||” toggle_font_size=”26px” toggle_font_size_last_edited=”on|desktop” use_border_color=”on” border_color=”#cecece” custom_padding=”|30px||50px” border_style=”solid”] [et_pb_accordion_item title=”What for?” _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_css_toggle_title=”padding-left:50px;” open=”on”]
- To determine if foreign related party transactions are transacted at market values.
- To validate that transactions between local related parties comply with the arm´s length principle.
- For tax planning in connection with future transactions and contracts.
[/et_pb_accordion_item][et_pb_accordion_item title=”Why?” _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_css_toggle_title=”padding-left:50px;” open=”off”]
The transfer price is defined as the price two companies agree to transfer goods, services or rights among them. This price is relevant for many aspects, among them, for tax planning and compliance when the entities transacting are “related” (share property, administrative or profits) , as such circumstance could result in price setting not done under the same circumstances that would have been used by the entities which don’t keep these connections. (“Arm´s length principle”)
Since 2012, the Chilean legislation (“LIR”) requires that companies that had transacted with related parties on different tax jurisdictions to complete a series of sworn affidavits (N° 1907, N° 1913, N° 1937), that list in detail each type of transaction as well as the justification on the methods of transfer pricing applied.
[/et_pb_accordion_item][et_pb_accordion_item title=”How?” open=”off” _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_css_toggle_title=”padding-left:50px;”][learn_more caption=”1. Our methodology”]
- Identification of transactions and business environment
- Functional analysis
- Selection of the methodology to be applied
- Selection of comparable transactions or organizations
- Results and conclusions of the study
- Recommendations, KPI and next steps
[/learn_more][learn_more caption=”2. Identification of transactions and business environment”]Our consultants prepare a detailed report of the company, their business environment, relevant macroeconomic factors, processes, products and competitors. As a result of this process, the relevant inter-company transactions are identified so that they could be incorporated in the study and in what way.[/learn_more][learn_more caption=”3. Functional Analysis.”]The inter-company transactions are analyzed in detail, identifying the value drivers, risks involved, relevant accounting information, and other economic and financial relevant information.[/learn_more][learn_more caption=”4. Selection of the methodology to be applied.”]Based on the information obtained, our consultants select transfer pricing method which would be the most appropriate for the company or the transaction.
The Chilean tax rules acknowledges the transfers pricing that are announced hereunder: (i) non-controlled method of comparable prices; (ii ) resale price method; (iii) cost-plus method; (iv) method of dividing utilities; (v) transactional method of net margins; and (vi) the usage of other methods called residuals, which could be used when it is not possible to apply some of the methods that have already been mentioned. In this case, it should be justified that the characteristics and exceptional circumstances of the operations, would not allow applying the preceding.[/learn_more][learn_more caption=”5. Selection of comparable transactions or organizations”]Our consultants apply the function of comparisons contained in the current standards for transfer pricing, as well as the selection of necessary adjustments to the methods and to the comparables that should be appropriate for the company and transaction.[/learn_more][learn_more caption=”6. Results and conclusions of the study”]All the collected information and the corresponding analyses and conclusions are consolidated in a formal Transfer Pricing study. In this study, the results of the application of the transfer pricing methods are detailed and conclusions are reached in terms of applicable guidelines and principles.[/learn_more][learn_more caption=”7. Recommendations a, KPI and next steps”]Along with the Transfer Pricing study, our consultants will prepare detailed recommendations for improving the process of transfer pricing management, useful KPIs and improvements for reporting and accounting if necessary.[/learn_more][/et_pb_accordion_item] [/et_pb_accordion][et_pb_button admin_label=”Descargar” _builder_version=”3.0.64″ button_text=”Download more info” button_url=”https://www.tvalora.com/wp-content/uploads/2017/07/ingles-estudios-de-precios-de-transferencia.pdf” url_new_window=”on” button_alignment=”left” background_layout=”light” custom_button=”on” button_text_color=”#eb9b22″ button_border_color=”#ffffff” button_letter_spacing=”0″ button_use_icon=”on” button_icon=”%%189%%” button_icon_color=”#eb9b22″ button_icon_placement=”left” button_on_hover=”off” button_border_color_hover=”#eb9b22″ button_letter_spacing_hover=”0″ /][et_pb_button admin_label=”Botón volver” _builder_version=”3.0.63″ button_text=”back” button_url=”https://www.tvalora.com/#services” url_new_window=”off” button_alignment=”right” background_layout=”light” custom_button=”on” button_text_color=”#eb9b22″ button_border_color=”#ffffff” button_letter_spacing=”0″ button_use_icon=”on” button_icon=”%%189%%” button_icon_color=”#eb9b22″ button_icon_placement=”left” button_on_hover=”off” button_border_color_hover=”#eb9b22″ button_letter_spacing_hover=”0″ module_id=”boton_volver” /][/et_pb_column][/et_pb_row][/et_pb_section]