Operational Transfer Pricing

Introduction to operational transfer pricing

• Introduction to OTP, its relevance, and main drivers
• End-to-end OTP lifecycle and the different players involved
• Relevance of technology and data in the OTP lifecycle

Components of operational transfer pricing

• Introduction to the OTP solution and critical requirements
• Role of governance & organisation and process & controls in an efficient OTP
• Digital OTP – the typical technology architecture and components of an OTP tool

Supply chain, segmentation and segmentation drivers

• An introduction to supply chains from an OTP angle
• Segmented P&L – the heart of OTP
• OTP master data
• Technology and demo

Tangible goods

• Overview of the required steps to set, monitor and adjust the transfer prices of tangible goods
• Striking the right balance between prospective and retrospective adjustments, and their impact

Service charges and cost allocation (SC&CA)

• Walkthrough of the SC &CA process lifecycle and typical approaches to managing the process throughout the year
• Deep dive into the practical aspects of SC&CA part 1 – cost base definition, service catalogue and allocation
• Deep dive into the practical aspects of SC&CA part 2 – calculation of the final service charge and approaches to invoicing and reporting

After following the online course, a tax professional will

• Identify the main drivers behind OTP and the process components covered
• Assess the role of tax digitalization in OTP
• Define the typical technology architecture and which components are part of an OTP tool
• Indicate the importance of knowing the supply chains in order to properly segment data for OTP
• Determine the role of governance, organization, process and controls in an efficient OTP
• List the steps required for the tangible goods price setting, monitoring and adjusting processes
• List the components of the service charges and cost allocation process lifecycle and typical timeframe

• Denis Vikhrev, EY, The Netherlands
• Ekaterina Goydina, EY, United Kingdom
• Emanuel Baptista, EY, Spain
• Lars Wiig Andersen, EY, Norway
• Marcel van den Brink, EY, The Netherlands
• Raymond Moskvil, EY, Norway
• Santiago Alvarez Gourdin, EY, Spain

The course is open for all; however, it would be highly beneficial for:

• Tax lawyers from law/and or accounting firms
• Tax/TP managers of law/accounting firms
• Tax/TP managers/directors of MNEs
• Finance manager/controllers/treasury managers of MNEs
• Tax inspectors from tax administrations

This course is also beneficial for individuals preparing for CIOT ADIT Module 3.03 – Transfer Pricing option, though it is not specifically designed for the ADIT. More information about this qualification can be found on the CIOT ADIT website.

Participants are expected to have an understanding of common tax, business and legal terms. Finance and accounting professionals with some tax background would generally have this knowledge.

No advance preparation is necessary. All required study material is provided within the online training.

Access to the online course is granted for a period of 2 months, from the date of ordering or the indicated start date.

Mandatory course activities: 8 hours 3 min

All mandatory course activities can be completed within the access period by dedicating approx. 1 hour of study per week. Please note that study materials included in the course or certificate programme will be accessible for the duration of the access period only. Non-mandatory supplementary material is also provided in this course.

We recommend you check with your respective accrediting organizations to determine the eligibility of CPE credits.

International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Recommended NASBA CPE credits for this course is: 8

See our FAQ section for more information. Regarding administrative policies such as complaint, cancellation or refund, please refer to our Terms and Conditions or contact us at info@ibfd.org. 

Field of study: Taxes

Delivery format: Online - QAS Self Study

Please note that the content of this online course is subject to change based on updates in industry standards, regulatory requirements, and other developments. We strive to provide the most accurate and current information; however, we recommend verifying any critical details independently.

Group Participation

If you are an enterprise and would like to register a group of more than 5 participants from your company, please email us at info@ibfd.org for more details.