[INTM483040] Transfer pricing: operational guidance: working a transfer pricing case: initial information request
There are three broad requirements for an effective information request:
•To know the nature and volume of transactions between the company and its related parties
•To know how the transactions were priced
•To know whether this price was arm's length
The aim of any initial information request is fully to understand how the business trades; to identify who carries out what functions; to understand the nature, scope and volume of relevant inter-company transactions; and to see what profit accrues where.
Any planned information request must first be discussed and agreed with the relevant transfer pricing specialist.