Ragu Bhargava is CEO of Global Upside, a conglomerate of brands that service the back-office needs of domestic and multinational companies with operations in over 170 countries.
The issue of transfer pricing is a top focus as governments look to ensure multinational companies aren’t evading their tax responsibilities by reallocating profits to lower-tax jurisdictions.
As companies prepare to file for the upcoming tax season, businesses face uncertainty emerging from an enduring pandemic. Further, dealing with multiple jurisdictions’ changing laws, deadlines and requirements can often require a small army of specialists.