1 CPE Global transfer pricing—the price at which an enterprise transfers goods, properties and services to associated enterprises—directly impacts a company’s profitability and tax liability. For this reason, global transfer pricing is under increasing scrutiny as more governments seek to increase their tax revenues.
Taught by transfer pricing expert and finance leader David Galmaski, this course explains the nature and implications of global transfer pricing policy, provides an overview of the OECD and its governing role with global tax authorities, and presents real-world examples of “getting it right,” from a business, taxation, and fiduciary perspective. You also hear the instructor’s first-hand experience with MNEs and the gaps identified within existing policies.
Additional content includes:
- Life cycle of a global transfer pricing policy
- Process steps, including functional analysis, business characterization, tax policy and compatibility, comparables analysis, method selection, contemporaneous documentation, and ongoing update and maintenance
- The current environment with respect to revenue audits and transfer pricing audits
- The potential legal and tax exposures resulting from a faulty transfer pricing policy as well as the risks of potential double taxation.
Learning Objectives
- Define the role of the OECD and it’s authority in governing transfer pricing policy globally.
- Assess participant’s current transfer pricing policy against the 5 allowable OECD alternative methodologies.
- Evaluate the risk of double taxation and how to calculate the financial impact.
- Articulate the 7 steps of the transfer pricing policy development cycle.
Last updated/reviewed: March 21, 2024
60 Reviews (267 ratings)
Reviews
Liam Gordon
(Dash 8 First Officer at Central Mountain Air)
Very informative, detailed and helpful entry level introduction to Transfer Pricing. In particular, understanding the background of the OECD frameworks provided helpful context for understanding lower level details on what is required in a well documented transfer pricing policy. Looking forward to learning more about transfer pricing, designing policies, and ensuring that proper documentation is prepared. Great course!
Lilian Dendrinos
(consultant at DLC Group)
Great class on transfer pricing. The instructor was great. He explained this complicated subject in a way a person not familiar with transfer pricing can understand. For those with some experience, there were materials that we were not aware of. I almost feel like I can take the resource material and work on creating transfer pricing and policies!
Paul Cargill
(Director, Finance at Gilead Sciences, Inc.)
Excellent and informative content. Course materials were clear and logical. Presentation was a little dry, but there was enough real life experience shared by the instructor to make listening through the whole class worthwhile (more than just reading the course materials).
Anonymous
(Finance Manager)
The instructor was as about as knowledgeable as you can get on transfer pricing. His experience was evident throughout the course. The examples made the course interesting and the instruction was very informative but in language that was east to understand.
Anonymous
(Independent Financial Consultant)
Great overview of transfer pricing. I had never heard of the OECD
-‐ Organization for Economic Cooperation and Development. Though I am glad that they have issued guidelines governing transfer pricing and that many countries worldwide are members. .
Hyoe Nakagiri
(Internal Auditor Chasing New Opportuniti.. at Independent)
The instructor has broken down the transfer price policy development process in a way that helps demystify this topic in my mind. I also like his cycle illustration near the end of the course - it helps drill into my head that this is an ongoing process.
Jordann Hoo Jiun Horng
(Senior Internal Auditor at OCLARO INC)
The slides are quite short compared to other presenter but yet contain relevant information. Since the presenter really elaborates a lot on the points given on the slides, it will be better to have a transcript for better reading and understanding.
Anonymous
(Accountant)
Good high level review of transfer pricing concepts. Would have been interesting to see some real world examples and to go a bit more in depth into the topic. I am interested in part 2, but I can't find it.
Marc Jarosch
(Senior Tax Manager at EKS&H)
This course provides a nice introduction to transfer pricing including a basic outline of transfer pricing policy and covering the importance of developing and maintaining a transfer pricing policy.
Anonymous
()
The presentation on Transfer Pricing was pretty good; the instructor kept things informative and interesting. The downside risks with doing it wrong can be significant.
Anonymous
(CFO)
Eventhough this is an introductory course, the overall presentation, the sequence of steps to take and the reasons listed with them where put together very well.
Anonymous
(Controller)
Well presented and clearly explained. Material sufficient to reviewers and straight to the point. Good examples and good introduction to the subject matter.
Anonymous
(Finance Manager)
This course gives a very good, quick overview of the complex topic, Transfer Pricing. I liked that the speaker was so concise yet covered the main points.
Inna Shmukler
(Controller at Fornetix LLC)
Good as a very basic overview course. Very generic. A few more examples could be helpful as well as a more in-depth discussion of the OECD methodologies.
Jake Laptad
(Senior Associate at Grant Thornton)
David does a great job describing the Global Transfer pricing OECD guidelines and policies needed. OECD guidelines control most global transfer pricing.
Xuan Quintanilla
(Director at Fluor)
Excellent overall summary for a beginner. The pace and tone was perfect. I would be very interested in taking additional courses from this instructor.
Anonymous
()
I think this course is okay. However, it does not provide me the information I am looking for, which is the accounting side of the transfer pricing.
Christina Smith
(Senior Controller at Baker Hughes)
The instructor was very thorough and described the topic from a holistical perspective useful for individuals with no previous TP background
Charles Silio
(Partner and Chief Financial Officer at Prospect14)
Good overview of transfer pricing policy, development and governance of that policy, and the risks of poorly implemented transfer pricing.
Anonymous
(Financial Services Professional)
Thanks for the course. Well explained and well presented. I a very helpful course to understand transfer pricing in a better way.
Joyce Holiday
(Consultant at DLC)
Brief and to the point. Easy to understand the material and helpful guidance as to what to consider in establishing the process.
Anonymous
(Global Controller)
Very helpful context on why transfer pricing policy and documentation
is critical when your business crosses different geos.
Anonymous
(CFO)
Good introduction to TPA for our foreign sub. Gives guidance on where to find more detailed information for specific countries.
Anonymous
()
Good course, enjoyed the detailed discussion of building and maintaining a transfer pricing policy with multiple stakeholders.
Anonymous
(General Ledger Supervisor)
Very informative, especially for someone new to transfer pricing. Very good presentation which could use some extra examples.
Keith Johnson
(Director SOX Compliance at Waterjet Holdings)
A detailed look at transfer pricing, as well as policy safeguards to employ to avoid the pitfalls of double taxation.
Anonymous
(Income Tax Senior)
if you are considering implementing or developing a new transfer pricing policy this is a good course to help out.
Anonymous
(Controller)
Great introduction to global transfer pricing. Appreciate the review of steps to develop and implement a policy.
Anonymous
(Controller)
very helpful starting point in creating a solid transfer pricing policy and to understanding the need to have one
Tim Marsden
(International Finance Manager at The Church of Jesus Christ of Latter-day..)
Nothing too in depth here but overall very satisfactory to get a good overview of transfer pricing policy.
Anonymous
(Owner)
General overview with back gound info but would have liked to see a specific example accounting process
Carlos Rangel
(Managing Director at CARLOS RANGEL, CPA PC)
An excellent overview of the policy development, implementation and documentation of transfer pricing.
Joseph Bedsole
(Head of Tax at Sharp Corporation)
Very informative and easy to understand. Presenter was conversational which made for easy listening.
TOMOAKI TOGO
( at Canadian Solar Japan)
it is useful contents for my job, it is useful contents for my job, it is useful contents for my job
Anonymous
()
It's a very straightforward and appropriately detailed lesson. Very organized bullets and summary.
Andre Velazquez
( at Ampere Computing)
Great intro to transfer pricing course. Helped me understand the fundamentals of transfer pricing.
Anonymous
(Finance Director)
Too the point. I felt like I learned the right amount of information in the right amount of time.
Janine Korovesis
(Controller at Google)
This course was a good intro to TP. A few more illustrative examples may have been more helpful.
Anonymous
(finance controller /Director)
Global Transfer Pricing issues is realistic facing issue of trading compamy and global company.
Yoshihiro Nishimura
(Director of Finance, Coporate Business F.. at WACOM Co., Ltd.)
Good course for introductoin. would like to see further course development to the higher level.
Erin Galyean
(Controller at A-dec)
Great overview. I especially appreciated the example. The instructor was very knowledgeable.
Anonymous
()
The course is clear and concice. The instructor is knowledgable and explains each topic well.
Anonymous
(Controller)
Very helpful and interesting course on introducing transfer pricing risks and methodologies.
Wei Han Koh
(Finance at Private)
Perfect overview of transfer pricing regimes and guidelines for a non-expert in this area.
Brett Peterson
(Consultant at DLC Group)
good overview, however was looking for specific examples with mathematical calculations
Nice overview. Could have included more examples / discussion on the key topics.
Abraham Minto
( at Abraham Minto LLC)
David's course on transfer pricing under the OECD framework was well presented
Zane Long
(Internal Audit Director at Mylan)
The detailed example slide did not show when viewing the course (XYZ Co.).
Lauren McFarland
( at None)
Good introduction for those new to transfer pricing. Good example given.
Rahman Ullah
(Senior Accountant at Cardtronics)
Good overview of TP methodology and related organizational objectives
Anonymous
(Finance Director)
Very good course to understand basic transfer pricing objectives
Alex Ledin
(Financial Analyst at Lockheed Martin Co.)
Excellent overview of a challenging topic. Well presented.
Anonymous
()
This was a helpful review of transfer pricing. Thank you.
Anonymous
(Head of Finance)
awesome we need to see sample of documentation
Anonymous
(Finance Manager)
Good easy to remember summary of key points
Martin Clancy
(CFO at DataCore Software)
Good introduction to an important topic.
Anonymous
(Sr. Director, FP&A)
Nice overview of a complex subject.
Matt Osmundsen
(Category Finance Director at Energizer Holdings, Inc.)
Great course! Very informative.
Yakhyo Avazov, CPA, CA
(Senior Financial Analyst at RBC)
Very well done!
Patrenia McAbee
(Owner at McAbee Consulting)
Good
Prerequisites
Course Complexity: Advanced
Prerequisite: Experience with corporate income tax and a basic knowledge of international tax and exchange between legal entities within a Multi- National Enterprise
Advanced Preparation: None
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
David GamalskiPrincipal
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