KPMG Germany Webpage
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1. Corporate streamlining and transfer pricing risks
Over the last eighteen months, numerous major multinational groups have announced, embarked upon, or claimed to have already made significant progress with ambitious plans to streamline their international organisations so as to increase group efficiency and enhance shareholder value. One key element of these plans is a detailed division of labour within the global group to enable each of the various group entities to concentrate on its core products and develop its core areas of competence to the fullest possible extent. This results in greater interdependence among the various group members and leads to increased exchanges of goods and services between them.
