Tax departments today:Insights for Transfer Pricing (TP) professionals from the KPMG Global Tax Department Benchmarking Survey

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Significant room for improvement (1)

Fully optimized (5)

45% of respondents consider their TP function very well optimized….

6% 10%11% 35%39%

…yet it’s interesting to contrast that with the fact that 72% use manual spreadsheets for TP calculations

45% of respondents assess their TP results against targeted policies on an annual basis

Gain more insights and/or take the survey at kpmg.com/taxbenchmarking.

Transfer pricing and Country-by-Country reporting software are quickly rising to the top of the tax department agenda

…with today's

rapid pace of change,will assessment of TP results against targeted policies become more frequent than in the past?

0 20 40 60 80 100

Have not yet invested and not planning to invest in this technologyPlanning to invest in this technology or have invested already

Note: Totals might not add up to 100% due to rounding

17% Quarterly

5% Monthly

1% More frequently than monthly

16% Don’t know

28%72%No, we do not use manual spreadsheets for TP calculations

Yes, we use manual spreadsheets for TP calculations

45%Annually

16% Bi-annually

66% 34%Use of document management system

55% 46%Use of workflow tool

61%38%Use of tax audit support software

56% 43%Use of transfer pricing software

76% 25%Use of compliance software

34% 66%Use of global trade software

63% 37%Use of country-by-country reporting software

61% 40%Use of off-the-shelf provision systems