is an experienced law clerk with a demonstrated interest in the energy industry, supporting corporate practices of large multinational oil and gas corporations. He is particularly interested in big data analysis and finding unconventional solutions to technical problems that arise in the day-to-day running of a business. Ekow is currently pursuing a Juris Doctor degree at the University of Houston Law Center.
Transfer pricing refers to the prices charged for goods, services, and intellectual property (IP) between or among legal entities of a corporation, including a parent company and its domestic and foreign subsidiaries and other controlled entities (each entity a “Taxpayer”)… Many transfer pricing analyses are nuanced in nature, relying upon datasets, models, computations, comparisons, assumptions, and interpretations. When controlled entities are domiciled in respective different jurisdictions, multiple transfer pricing systems may apply. Transfer pricing determinations may substantially impact Taxpayers’ tax burden and profitability. In other words, though challenging to perform, transfer pricing analyses offer opportunities to obtain more favorable tax treatment.