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
54 Reviews (248 ratings)

Reviews

5
Member's Profile
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!

5
Member's Profile
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!

4
Member's Profile
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).

5
Anonymous Author
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.

4
Anonymous Author
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. .

Member's Profile
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.

4
Member's Profile
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.

4
Anonymous Author
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.

5
Member's Profile
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.

4
Anonymous Author
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.

5
Anonymous Author
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.

5
Anonymous Author
Well presented and clearly explained. Material sufficient to reviewers and straight to the point. Good examples and good introduction to the subject matter.

4
Anonymous Author
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.

3
Member's Profile
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.

5
Member's Profile
Excellent overall summary for a beginner. The pace and tone was perfect. I would be very interested in taking additional courses from this instructor.

3
Anonymous Author
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.

5
Member's Profile
The instructor was very thorough and described the topic from a holistical perspective useful for individuals with no previous TP background

5
Member's Profile
Good overview of transfer pricing policy, development and governance of that policy, and the risks of poorly implemented transfer pricing.

5
Anonymous Author
Thanks for the course. Well explained and well presented. I a very helpful course to understand transfer pricing in a better way.

5
Member's Profile
Brief and to the point. Easy to understand the material and helpful guidance as to what to consider in establishing the process.

5
Anonymous Author
Good introduction to TPA for our foreign sub. Gives guidance on where to find more detailed information for specific countries.

4
Anonymous Author
Good course, enjoyed the detailed discussion of building and maintaining a transfer pricing policy with multiple stakeholders.

5
Anonymous Author
Very informative, especially for someone new to transfer pricing. Very good presentation which could use some extra examples.

5
Member's Profile
A detailed look at transfer pricing, as well as policy safeguards to employ to avoid the pitfalls of double taxation.

5
Anonymous Author
if you are considering implementing or developing a new transfer pricing policy this is a good course to help out.

4
Member's Profile
Nothing too in depth here but overall very satisfactory to get a good overview of transfer pricing policy.

3
Anonymous Author
General overview with back gound info but would have liked to see a specific example accounting process

5
Member's Profile
An excellent overview of the policy development, implementation and documentation of transfer pricing.

5
Member's Profile
Very informative and easy to understand. Presenter was conversational which made for easy listening.

4
Member's Profile
it is useful contents for my job, it is useful contents for my job, it is useful contents for my job

5
Anonymous Author
It's a very straightforward and appropriately detailed lesson. Very organized bullets and summary.

5
Member's Profile
Great intro to transfer pricing course. Helped me understand the fundamentals of transfer pricing.

5
Anonymous Author
Too the point. I felt like I learned the right amount of information in the right amount of time.

5
Member's Profile
This course was a good intro to TP. A few more illustrative examples may have been more helpful.

5
Anonymous Author
Global Transfer Pricing issues is realistic facing issue of trading compamy and global company.

Member's Profile
Good course for introductoin. would like to see further course development to the higher level.

5
Member's Profile
Great overview. I especially appreciated the example. The instructor was very knowledgeable.

5
Anonymous Author
Very helpful and interesting course on introducing transfer pricing risks and methodologies.

5
Member's Profile
Perfect overview of transfer pricing regimes and guidelines for a non-expert in this area.

3
Member's Profile
good overview, however was looking for specific examples with mathematical calculations

3
Member's Profile
Nice overview. Could have included more examples / discussion on the key topics.

5
Member's Profile
David's course on transfer pricing under the OECD framework was well presented

4
Member's Profile
The detailed example slide did not show when viewing the course (XYZ Co.).

5
Member's Profile
Good introduction for those new to transfer pricing. Good example given.

3
Member's Profile
Good overview of TP methodology and related organizational objectives

5
Member's Profile
Excellent overview of a challenging topic. Well presented.

5
Anonymous Author
This was a helpful review of transfer pricing. Thank you.

4
Anonymous Author
awesome we need to see sample of documentation

5
Anonymous Author
Good easy to remember summary of key points

5
Member's Profile
Good introduction to an important topic.

4
Anonymous Author
Nice overview of a complex subject.

5
Member's Profile
Great course! Very informative.

5
Member's Profile
Very well done!

4
Member's Profile
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 .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to OECD Global Transfer Pricing10:38
Policy: Development, Implementation, Documentation
  Current Environment and Risks8:23
  Transfer Pricing Policy Development7:02
  Steps for Developing a Transfer Pricing Policy 6:15
Change Management
  Managing Change to a TP Policy11:20
Full Cycle and Conclusion
  TP Process Development Cycle and the Benefits of Doing It Right8:57
Continuous Play
  Global Transfer Pricing Part 1: Policy Development, Implementation and Documentation52:35
SUPPORTING MATERIALS
  Slides: Policy Development, Implementation and DocumentationPDF
  Policy Development, Implementation and Documentation Glossary/IndexPDF
REVIEW & TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam