Can Jurisdiction-Specific Transfer Pricing Benchmark Nuances Help You Mitigate the Impact of Tariffs?

Can Jurisdiction-Specific Transfer Pricing Benchmark Nuances Help You Mitigate the Impact of Tariffs?

Recently, I was speaking with a prospective client who has manufacturing operations in Canada and distribution in the US. Due to the proposed tariffs by the new White House Administration, she expressed the desire to lower her transfer prices at the US entity as much as possible.  At first, I thought to myself, ‘Is this really worth the trouble?’ While indeed in this case, lowering the intercompany price lowers the duty paid to the US, it still …