Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners
Recent years have seen unprecedented public scrutiny over the tax practices of Multinational Enterprise (MNE) groups. Tax policy and administration concerning international transactions, aggressive tax planning, and tax avoidance have become an issue of extensive national and international debate in...
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| Language: | English en_US |
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Washington, DC: World Bank
2016
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| Online Access: | http://hdl.handle.net/10986/25095 |
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okr-10986-250952021-04-23T14:04:28Z Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners Cooper, Joel Fox, Randall Loeprick, Jan Mohindra, Komal TP TRANSFER PRICING TRANSFER MISPRICING TAX REVENUE TRANSFER PRICING REGULATION TAX REFORM IN DEVELOPING COUNTRIES ARM'S LENGTH PRINCIPLE TAXATION OF MULTINATIONALS FINANCING FOR DEVELOPMENT BEPS BASE EROSION AND PROFIT SHIFTING DOMESTIC RESOURCE MOBILIIZATION Recent years have seen unprecedented public scrutiny over the tax practices of Multinational Enterprise (MNE) groups. Tax policy and administration concerning international transactions, aggressive tax planning, and tax avoidance have become an issue of extensive national and international debate in developed and developing countries alike. Within this context, transfer pricing, historically a subject of limited specialist interest, has attained name recognition amongst a broader global audience that is concerned with equitable fiscal policy and sustainable development. Abusive transfer pricing practices are considered to pose major risk to the direct tax base of many countries and developing countries are particularly vulnerable because corporate tax tends to account for a larger share of their revenue. This handbook is part of the wider WBG engagement in supporting countries with Domestic Resource Mobilization (DRM) by protecting their tax base and aims to cover all relevant aspects that have to be considered when introducing or strengthening transfer pricing regimes. The handbook provides guidance on analytical steps that can be taken to understand a country’s potential exposure to inappropriate transfer pricing (transfer mispricing) and outlines the main areas that require attention in the design and implementation of transfer pricing regimes. A discussion of relevant aspects of the legislative process, including the formulation of a transfer pricing policy, and the role and content of administrative guidance, is combined with the presentation of country examples on the practical application and implementation of the arm’s length principle and on running an effective transfer pricing audit program. Recognizing the importance of transfer pricing regulation and administration for the business environment and investor confidence, this handbook aims to balance the general objective of protecting a country’s tax base and raising additional revenue with investment climate considerations wherever appropriate. 2016-09-28T17:14:18Z 2016-09-28T17:14:18Z 2016 Book 978-1-4648-0969-9 http://hdl.handle.net/10986/25095 English en_US Directions in Development--Public Sector Governance CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
TP TRANSFER PRICING TRANSFER MISPRICING TAX REVENUE TRANSFER PRICING REGULATION TAX REFORM IN DEVELOPING COUNTRIES ARM'S LENGTH PRINCIPLE TAXATION OF MULTINATIONALS FINANCING FOR DEVELOPMENT BEPS BASE EROSION AND PROFIT SHIFTING DOMESTIC RESOURCE MOBILIIZATION |
| spellingShingle |
TP TRANSFER PRICING TRANSFER MISPRICING TAX REVENUE TRANSFER PRICING REGULATION TAX REFORM IN DEVELOPING COUNTRIES ARM'S LENGTH PRINCIPLE TAXATION OF MULTINATIONALS FINANCING FOR DEVELOPMENT BEPS BASE EROSION AND PROFIT SHIFTING DOMESTIC RESOURCE MOBILIIZATION Cooper, Joel Fox, Randall Loeprick, Jan Mohindra, Komal Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners |
| relation |
Directions in Development--Public Sector Governance |
| description |
Recent years have seen unprecedented public scrutiny over the tax practices of Multinational Enterprise (MNE) groups. Tax policy and administration concerning international transactions, aggressive tax planning, and tax avoidance have become an issue of extensive national and international debate in developed and developing countries alike. Within this context, transfer pricing, historically a subject of limited specialist interest, has attained name recognition amongst a broader global audience that is concerned with equitable fiscal policy and sustainable development. Abusive transfer pricing practices are considered to pose major risk to the direct tax base of many countries and developing countries are particularly vulnerable because corporate tax tends to account for a larger share of their revenue.
This handbook is part of the wider WBG engagement in supporting countries with Domestic Resource Mobilization (DRM) by protecting their tax base and aims to cover all relevant aspects that have to be considered when introducing or strengthening transfer pricing regimes. The handbook provides guidance on analytical steps that can be taken to understand a country’s potential exposure to inappropriate transfer pricing (transfer mispricing) and outlines the main areas that require attention in the design and implementation of transfer pricing regimes. A discussion of relevant aspects of the legislative process, including the formulation of a transfer pricing policy, and the role and content of administrative guidance, is combined with the presentation of country examples on the practical application and implementation of the arm’s length principle and on running an effective transfer pricing audit program.
Recognizing the importance of transfer pricing regulation and administration for the business environment and investor confidence, this handbook aims to balance the general objective of protecting a country’s tax base and raising additional revenue with investment climate considerations wherever appropriate. |
| format |
Book |
| author |
Cooper, Joel Fox, Randall Loeprick, Jan Mohindra, Komal |
| author_facet |
Cooper, Joel Fox, Randall Loeprick, Jan Mohindra, Komal |
| author_sort |
Cooper, Joel |
| title |
Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners |
| title_short |
Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners |
| title_full |
Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners |
| title_fullStr |
Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners |
| title_full_unstemmed |
Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners |
| title_sort |
transfer pricing and developing economies : a handbook for policy makers and practitioners |
| publisher |
Washington, DC: World Bank |
| publishDate |
2016 |
| url |
http://hdl.handle.net/10986/25095 |
| _version_ |
1764458362611695616 |