Eighty-seven percent of multinational enterprises believe that transfer pricing is a risk when they manage their financial statements because of higher compliance requirements, according to a newly released survey.
Fifty-three percent of the 850 multinational companies polled by Ernst & Young said that their transfer-pricing compliance costs had increased. That was a big jump from 2005, when Ernst & Young found that only 29 percent of the companies it polled said their compliance costs had increased.
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