Benchmark analyses for transfer pricing
- One central contact for your global documentation project
- Extensive industry expertise
- Pan-European, Pan-Asian and Pan-American benchmark analyses from one source
- Global KPMG network with local contacts for clarifying regional particularities
- Experienced team with many years of benchmark know-how
- Standardised processes
We can provide additional services upon request. These include preparing country-specific subsets, differentiation by various country-specific independence criteria, adjustment calculations (e.g. working capital adjustment, regression analysis).
When are comparative data available for benchmarking?
There is a delay of approx. one year from when the comparative data are entered into the database; this means, for example, reliable data should be available for 2017 in early 2019.
Why is it that pan-regional benchmark analyses are frequently prepared instead of local ones?
This is due to the data availability in the individual countries. It is often not possible to obtain a sufficient number of comparable companies from one country in order to prepare a local benchmark analysis. Therefore, pan-regional benchmark analyses are often prepared due to comparable conditions within individual regions, such as in the EU single market.
How often does a benchmark analysis need to be prepared?
According to the OECD, a benchmark analysis can be updated in the subsequent two years by a "Financial Update". This Financial Update involves only updating the financial figures of the benchmark companies for the new timeframe as well as checking the independence of the benchmark companies. The OECD states that a new study must be prepared for the third year.
Why do I not see my direct competitors among the benchmark companies – should they not be the obvious comparable companies?
Your competitors are often multinational enterprises whose margins are affected by transfer prices. We look for independent companies. Therefore, you will not find your competitors in our benchmarks if they are multinational enterprises.
Why are some countries over-represented in the benchmarks?
This is in 95% of the cases due to data availability. Availability is better in some countries than in others.
