Book

Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners

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collection.link.38
https://openknowledge.worldbank.org/handle/10986/2146
collection.name.38
Directions in Development
dc.contributor.author
Cooper, Joel
dc.contributor.author
Fox, Randall
dc.contributor.author
Loeprick, Jan
dc.contributor.author
Mohindra, Komal
dc.date.accessioned
2016-09-28T17:14:18Z
dc.date.available
2016-09-28T17:14:18Z
dc.date.issued
2016
dc.description.abstract
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.
en
dc.identifier.isbn
978-1-4648-0969-9
dc.identifier.uri
http://hdl.handle.net/10986/25095
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
Directions in Development--Public Sector Governance
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
TP
dc.subject
TRANSFER PRICING
dc.subject
TRANSFER MISPRICING
dc.subject
TAX REVENUE
dc.subject
TRANSFER PRICING REGULATION
dc.subject
TAX REFORM IN DEVELOPING COUNTRIES
dc.subject
ARM'S LENGTH PRINCIPLE
dc.subject
TAXATION OF MULTINATIONALS
dc.subject
FINANCING FOR DEVELOPMENT
dc.subject
BEPS
dc.subject
BASE EROSION AND PROFIT SHIFTING
dc.subject
DOMESTIC RESOURCE MOBILIIZATION
dc.title
Transfer Pricing and Developing Economies
en
dc.title.subtitle
A Handbook for Policy Makers and Practitioners
en
dc.type
Book
en
okr.date.disclosure
2016-12-22
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0969-9
okr.identifier.internaldocumentum
210969
okr.identifier.report
111554
okr.imported
true
okr.language.supported
en
okr.topic
International Economics and Trade :: Trade and Multilateral Issues
okr.topic
Macroeconomics and Economic Growth :: Taxation & Subsidies
okr.topic
Private Sector Development :: Corporate Governance
okr.topic
Governance :: Multinational & Corporate Governance
okr.topic
Finance and Financial Sector Development :: Financial Regulation & Supervision
okr.unit
GGEVP

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