Transfer Pricing Benchmarking Study Documentation: Bad vs. Good Practices
1. Search Process Documentation
Bad:
- No database version or date mentioned
- No rationale for search criteria and filters
- Vague or no explanation of searched profile
Good:
- Database version and date clearly stated
- Detailed search criteria with rationale provided
- Step-by-step process outlined with clear explanation of searched profile
2. Comparables Review
Bad:
- Rely only on keywords, trade descriptions, NACE codes
- No web review, no sources cited
Good:
- Comprehensive review including web research
- All sources clearly documented
3. Screenshots
Bad: