KPMG has the largest TP practice in Russia. To perform TP projects, transfer pricing specialists from KPMG’s Moscow office are involved as well as specialists from KPMG’s offices in St. Petersburg, Nizhny Novgorod and Ekaterinburg. Involving these offices allows us to reduce the overall cost of KPMG’s TP services. KPMG professionals apply a comprehensive approach to TP projects: our TP professionals work closely with other KPMG professionals providing corporate tax, VAT, customs, business advisory and legal services. KPMG offers its clients various services ranging from methodological support for TP issues to preparation of relevant TP documentation for filing with the tax authorities and implementation of a system that monitors internal transfer prices. KPMG also helps negotiate advance transfer pricing agreements with the tax authorities and understands the most recent trends in transfer pricing as well as the approaches used by the tax authorities.