Intra-Group Services
Happy to share VSTN’s recent article on “Demystifying Intra-Group services in Transfer Pricing” co-authored by Nithya Srinivasan and Nitya Joseph which was published in the CASC Monthly Bulletin for November 2024.
The article covers the topic of Intra-Group services within the context of transfer pricing, exploring when an intra-group service has been rendered and approaches for determining an arm’s length charge for the same, including the simplified approach for low value-adding services. It also highlights the options available to tax payers including the importance of maintaining strong documentation to defend this commonly litigated transaction before tax authorities.
Additionally, the article provides insights on international practices regarding intra-group services as well as local and global jurisprudence.