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Intercompany Agreement Transfer Pricing
"I need an Intercompany Agreement Transfer Pricing document for our Irish parent company and its manufacturing subsidiaries in France and Germany, focusing on cost-plus pricing methodology for manufacturing services, to be implemented by March 2025."
1. Parties: Identification of the group companies entering into the agreement
2. Background: Context of the agreement, relationship between parties, and group structure
3. Definitions: Key terms used throughout the agreement, including transfer pricing specific terminology
4. Scope of Agreement: Nature of intercompany transactions covered by the agreement
5. Transfer Pricing Methodology: Agreed method for determining prices in accordance with arm's length principle
6. Payment Terms: Terms and conditions for payments, including currency, timing, and method
7. Documentation Requirements: Required records and documentation to support transfer pricing
8. Compliance Obligations: Obligations to comply with relevant tax laws and OECD guidelines
9. Term and Termination: Duration of agreement and circumstances for termination
10. Confidentiality: Provisions for protecting sensitive pricing and financial information
11. Governing Law and Jurisdiction: Specification of Irish law as governing law and jurisdiction
12. Dispute Resolution: Procedures for resolving disputes between parties
1. Force Majeure: Optional clause for unforeseen circumstances affecting pricing arrangements
2. Intellectual Property Rights: Include when transactions involve IP or technology transfer
3. Quality Standards: Include when dealing with product manufacturing or service delivery standards
4. Performance Metrics: Include when specific performance measurements are relevant to pricing
5. Audit Rights: Optional provisions for internal or external audit of transfer pricing arrangements
6. Amendment Procedures: Include when specific procedures for price adjustments are needed
7. Tax Gross-Up: Include when withholding tax considerations are relevant
8. Local Law Compliance: Include when transactions involve multiple jurisdictions
1. Schedule 1 - Pricing Schedule: Detailed pricing methodology and specific rates for different types of transactions
2. Schedule 2 - Services Description: Detailed description of services or products covered by the agreement
3. Schedule 3 - Calculation Methods: Specific formulas and calculations used for transfer pricing
4. Schedule 4 - Documentation Requirements: Detailed list of required documentation and maintenance procedures
5. Schedule 5 - Group Companies: List of all group companies covered by or potentially joining the agreement
6. Appendix A - Transfer Pricing Methods: Detailed description of approved transfer pricing methods and their application
7. Appendix B - Compliance Checklist: Checklist for ensuring ongoing compliance with transfer pricing requirements
8. Appendix C - Functional Analysis: Analysis of functions, assets, and risks of each party
Authors
Technology
Pharmaceutical
Manufacturing
Financial Services
Professional Services
Retail
Consumer Goods
Automotive
Energy
Telecommunications
Life Sciences
Media and Entertainment
Industrial Products
Healthcare
Legal
Finance
Tax
Treasury
Compliance
Risk Management
Corporate Development
International Operations
Financial Planning & Analysis
Transfer Pricing
Tax Director
Chief Financial Officer
Transfer Pricing Manager
International Tax Manager
Corporate Counsel
Finance Director
Group Financial Controller
Tax Compliance Manager
Head of Treasury
Legal Counsel
Risk Manager
Corporate Finance Manager
Financial Planning Manager
Group Tax Accountant
Compliance Officer
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