International Transfer Pricing Issues and Strategies for the Global Firm

Abstract:     
Internal auditors play key roles in multinational corporations, including assessing effectiveness of business operations. Internal auditors can help evaluate effectiveness of corporate policies regarding international transfer pricing. International transfer pricing is a major issue for multinational corporations, as transfer pricing is a key element in corporate taxation strategies. This article explains basic issues of transfer pricing, illustrates how multinational corporations can benefit from effective transfer pricing policies and, and describes the importance of proper documentation. The arm's length approach to transfer pricing is presented. Transfer pricing, if done correctly, can improve the overall success and value of an international company.

Number of Pages in PDF File: 6

Keywords: International business, transfer pricing, corporate taxation

JEL Classification: F23, M40, M41, M46, M49

Accepted Paper Series