If you are a multinational company (MNC) and are considering expanding operations overseas, you. You must grapple with myriad international tax planning and compliance issues. It can be rather daunting to understand and address the constantly changing legislative, regulatory and tax requirements.
Noncompliance with transfer pricing rules can have negative consequences for MNCs. It can potentially lead to double taxation, interest on tax underpayment, penalties, and extended disputes with tax authorities—including litigation.