BaseFirma

Colombia

World Tax Reviews

Transfer pricing

BaseFirma is on of the leading Transfer Pricing firms servicing Latan America. The firm provides Transfer Pricing expertise including OECD documentation, Master file, Local file and Country-by-Country reports. Other services that the firm renders are global policy design, Cost contribution agreements, SSCs, Benchmark analysis, APA negotiation, and asset valuation.  

Over the research period, BaseFirma has been active in transfer Pricing matters in Colombia. The team has served as an expert in court proceedings for an Oil & Gas company during a dispute with the tax authority. The BaseFirma team was also involved in an offshore bunkering operation between Panama and Chile. Because of the project’s complex nature, traditional transfer pricing methods could not be applied. The team resolved to use a Profit Split method when structuring this operation.