Indirect taxation and transfer price are becoming major issues in the world tax framework. VAT was introduced in a lot of countries and represents 1/3 of the budget tax income in the OECD countries and so a significant financial stakes for the governments. Regarding the transfer price, this is one of the main issue in all the OECD countries
If we also consider the increasing concern regarding VAT fraud especially in Europe and the will to fight tax evasion, we understand that the Tax Authorities now focus on thoses matters. The number of tax audits is increasing and they are more and more demanding. Legislation is growing up like never before. Such a situation cannot be ignored by businesses of any size.