Blue J and Osler, Hoskin & Harcourt LLP Introduce Innovative Transfer Pricing Search Tool
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Blue J launches new International Transfer Pricing tool in collaboration with Osler
TORONTO--(BUSINESS WIRE)-- Blue J, the leading provider of analytics for tax positions, and Osler, Hoskin & Harcourt LLP, a leader in Canadian business law, announced today an innovative collaboration that has led to an advanced search tool for resources related to international transfer pricing. The tool is the latest addition to the Canadian version of Blue J Tax and is available for immediate use by subscribers to the platform across the country.
Transfer pricing has become increasingly relevant in today’s globalized economy, where tax authorities around the world are taking an enhanced interest in scrutinizing tax arbitrage and transfer pricing strategies. The solution announced today is unique in that the module provides a comprehensive database of transfer pricing decisions and documentation across multiple OECD jurisdictions that can be filtered by topics and factors of interest to practitioners. In addition to monitoring weekly updates of the latest transfer pricing decisions, Blue J will continue its expansion of coverage and scope to additional jurisdictions on an ongoing basis.
The international transfer pricing solution addresses the application of the arm’s length standard to complex transactions between related entities that are subject to the transfer pricing rules. The new tool enables tax professionals to quickly and easily identify the most relevant cases, OECD guidance, and government documents that directly relate to a client’s situation. “We're excited to provide this solution for expert tax professionals on our updated Blue J Tax platform,” says Benjamin Alarie, Co-founder and CEO of Blue J. “Osler’s Tax Practice is consistently recognized as a leading provider of tax law services in Canada with significant transfer pricing expertise and we are proud to have the chance to work with them. Our new transfer pricing solution is an important step forward, and we look forward to helping streamline the analysis of this complex area for tax professionals across Canada."
"Collaborating on this feature with Blue J supports our joint goal of making transfer pricing decisions and other resources more accessible for Canadian business," said Peter Macdonald, a transfer pricing partner in the Tax Group at Osler, Hoskin & Harcourt LLP. "We worked together, over this past year, to create a cutting-edge solution that streamlines advice regarding international transfer pricing. The result is a powerful tool that the leading tax practitioners across the country can leverage to provide the highest quality tax advice to clients."
The new tools are a critical investment for Blue J as the company continues to expand its Canadian operations with new platform updates.
About Blue J
Blue J uses machine learning and artificial intelligence to make the law more transparent and accessible. The company's technology saves users hours of time and offers confident answers in challenging circumstances. While the company's initial focus is on tax and employment law, the technology is versatile and is being extended to cover other areas of law in the U.S., Canada, and around the world. For more information, visit www.bluej.com.
About Osler, Hoskin & Harcourt LLP
Osler is a leading law firm with a singular focus – our clients’ business. From Toronto, Montréal, Calgary, Ottawa, Vancouver and New York, we advise our Canadian, U.S. and international clients on an array of domestic and cross-border legal issues. Our one-firm collaborative approach draws on the expertise of over 450 lawyers to provide practical legal solutions driven by our clients’ business needs. It's law that works. For more information, visit www.osler.com.
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Source: Blue J
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