PLS CPAs are glad to announce the joint endeavour with KCCW in the area of Trnsfer Pricing & Chinese client audit projects. The following is provided by Jerry Lin of KCCW.
At KCCW we understand that an adequate transfer pricing analysis helps clients not only in fulfilling legal dispositions but in optimizing their operational procedures, creating more efficient and profitable corporate structures according to the proper appointment of functions, assets and risks from a multi-national trading perspective.
Cross region resources and local knowledge enable our Transfer Pricing Practice in USA and Pacific Rim to offer companies with international presence and transactions a consistent and sound approach in the establishment of the transfer pricing policies for their groups of companies.
We can help your company fulfill formal transfer pricing requirements by preparing consistent transfer pricing documentation across borders. Also detect eventualities in transfer pricing and respond in a timely manner to the possible amendment of local or regional policies.
The use of transfer pricing tax strategies has recently attracted a high level of international attention, due in part to the rapid rise of multinational trade, the opening of several significant developing economies and transfer pricing’s increased impact on corporate income taxation. As multinational corporations evolve into true global enterprises compliance with the differing requirements of multiple overlapping tax jurisdictions has become a complicated and expensive task.
In response to these factors, US tax authorities and their counterparts around the world have become more aggressive in the transfer pricing arena, introducing stricter penalties, new documentation requirements, increased information exchange, improved audit staff training and increased audit and inspection activity and specialization.
This intense scrutiny implies significant risks for the unwary and the unprepared, particularly in a complex field such as transfer pricing where each transaction must be analyzed under its own unique facts and circumstances.
Our Team
Jerry Lin,
Chief Consultant of Transfer Pricing Division, KCCW CPAs
Adjunct Professor, California State University Los Angeles
Prof. Lin has engaged in numerous Transfer Pricing related cases which including documentation as well as planning and research, and had provided satisfactory performances to the Service, including in-depth study and analysis with Economists and auditing managers.
Coverage and depth can better define what Prof. Lin will bring to the table. An Industrial Engineering M.S. from University of Arizona who had been through training for precision and accuracy, worked as an executive from manufacturing industry to international trading business, thus has gained rare composition of skills and disciplines. In addition, he’s also brought a full range of knowledge on cross-border transactions during his tenure with public service as a director of regional governmental Economic Development Authority to help facilitating investment and trading relation between American and Chinese businesses and individuals in State of Arizona.
Our professionals began to provide service at the dawn of the new century when Tax authorities worldwide are imposing new and stricter transfer-pricing documentation requirements on companies—and failure to comply can result in significant penalties. As multinational corporations continue to expand on a global basis, cross-border transactions (e.g., the sale of goods, the provision of services, the lending of funds, the licensing of intellectual property, etc.) between affiliates also continue to grow in frequency and complexity. As a result, these companies are increasingly becoming subject to transfer pricing requirements in many jurisdictions resulting in an expansion of the obligations being imposed on the these taxpayers by their governments.
IRS had made several revisions on transfer pricing regulation in 2003 through 2006. Intensity of audit has been on the rising since. Our team has successfully prepared required documentations, and help defended our clients when facing IRS inquiries in many cases.
Current Client List
|
Company |
Industry |
Annual Sales
(in Million$) |
Parent Location |
| 1 | Computer components | 100 | Taiwan |
| 2 | Computer / TV Monitors | 150 | Hong Kong |
| 3 | Outdoors Furniture | 100 | BVI |
| 4 | Computer system and components | 95 | Hong Kong |
| 5 | Computer system and components | 200 | Taiwan |
| 6 | Computer system and components | 110 | Taiwan |
| 7 | Medical equipment and parts | 20 | Taiwan |
| 8 | Medical equipment and parts | 50 | China |
| 9 | Auto parts | 75 | Taiwan |
| 10 | Computer peripherals | 50 | Taiwan |
| 11 | Computer peripherals | 65 | Japan |
| 12 | Computer peripherals | 130 | Taiwan |
| 13 | Paper products | 45 | Indonesia |
| 14 | Food products | 50 | Korea |
