Transfer Prices

A globalized world presents opportunities for interaction between different countries, which means that in many cases the same company can have a presence in various parts of the world. This type of commercial activity causes decisions and opportunities of a managerial, logistical or administrative nature that are taken in search of improving the cost-benefit ratio and efficiency in the use of company resources. This is the origin of the transfer prices between related parties, as would happen, for example, if a company with its parent company in Guatemala charges its subsidiaries in Costa Rica, Nicaragua and El Salvador monthly accounting services. This case simply represents a transfer price.

Costa Rica, like many other countries in the world, has developed the legislation that defines the concepts and conditions of relationship between parties; regulates the methodology allowed to define if the value of the transfer price used is comparable with the prices that would be agreed before a third party when carrying out a similar activity, involving assets, risks, responsibilities, benefits that are immersed between the related parties under study and determine the level of documentation that the transactions must support to avoid tax adjustments as a result of their transfer prices.

Why choose Auditaxes?

Auditaxes presents a service solution for the documentation and validation of your company’s transfer prices, thanks to the participation of accounting and tax experts in more than 19 countries. For many years, its members have had the opportunity to receive training before the International Center of Tax Administrations, as well as defense and presentation of transfer pricing studies in different verification and examination processes by tax administrations.