KPMG India Transfer Pricing Associate Interview Questions and Answers

Transfer pricing is the setting of prices for goods and services sold between related entities within a company.

• Transfer pricing ensures that transactions between related entities are conducted at arm's length to prevent tax evasion.

• It involves determining the appropriate price for goods or services transferred between different parts of a multinational company.

• Transfer pricing can impact a company's tax liabilities an...read more

Cost plus method is a transfer pricing technique where a markup is added to the cost of production to determine the transfer price.

• Involves adding a markup to the cost of production

• Commonly used when the controlled transaction involves tangible goods

• Ensures that the selling entity earns a profit margin on top of the production cost

• Can be calculated based on comparable transactions in the market

My strengths include attention to detail, analytical skills, and ability to work well in a team. My weaknesses include public speaking and time management.

• Strengths: attention to detail

• Strengths: analytical skills

• Strengths: ability to work well in a team

• Weaknesses: public speaking

• Weaknesses: time management

I am a detail-oriented individual with a strong background in finance and a passion for transfer pricing.

• I have a Bachelor's degree in Finance and have completed courses in transfer pricing

• I have experience working with multinational companies to ensure compliance with transfer pricing regulations

• I am proficient in financial analysis and have strong communication skills

• I am a quick learner and enjoy working in a fast-p

In 5 years, I see myself as a Senior Transfer Pricing Associate leading a team and working on complex international projects.

• Leading a team of transfer pricing associates

• Working on complex international transfer pricing projects

• Continuing to develop my expertise in transfer pricing regulations and methodologies