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Reviewing Trends in the Tax Market Expert Comment: The rise of the in-house transfer pricing professional

With the economy starting positively in 2010 multinational corporations are increasingly becoming the focus of tax authorities internationally. The trend for hiring specialist in-house transfer pricing expertise has proved invaluable particularly in countries now entering a secondary phase in the evolution of transfer pricing enforcement.

The demand for professionals with experience in developing robust defence strategies negotiating with tax authorities and delivering sophisticated commercial solutions has never been higher. Whilst the desire to reduce the reliance and cost of external consultants has impacted positively on hiring activity in MNCs this has not necessarily resulted in the creation of permanent positions. With strict budgetary constraints still in place MNCs have been required to recruit professionals on short to medium-term contracts in order to address their transfer pricing needs. Whilst the lack of permanency may cause candidates to be more cautious the work on offer is...

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