Thomson Reuters has formed a strategic relationship with Avention to give users of its ONESOURCE Transfer Pricing software access to Avention’s industry report module.

As regulators worldwide are increasingly cracking down on transfer pricing abuses, Thomson Reuters if offering greater access to public and private data, details on intangibles, global research and other information for transfer pricing professionals. The latest evolution of ONESOURCE adds the new industry report module by Avention via ONESOURCE Transfer Pricing. The industry report module helps users gain more insight into an organization’s competitive standing, as the Organization of Economic Cooperation and Development works on an action plan to deal with base erosion and profit shifting, or BEPS, caused by multinational corporations using transfer pricing and other tax strategies.

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