Transfer pricing is important to many business conglomerates and multinational enterprises.
In this review, we pursue a stock-take of transfer pricing research through a bibliometric …

This chapter reviews the recent economic literature on transfer pricing. As a starting point,
we take Hirshleifer's transfer pricing model and discuss the basic structure of the most widely …

Determining an appropriate transfer price is of importance to a firm composed of divisional
profit centers since it significantly affects decision-makings of each profit center and then the …

Abstract The European Commission recently proposed to move towards a consolidated tax
base for European multinational companies, to be allocated across EU member states …

Multinational enterprises use two types of transfer prices: the tax transfer price to achieve
optimal tax outcomes and the incentive transfer price to provide appropriate incentives to …

English summary: Lars P. Feld evaluates the economic arguments for or against tax
competition in a federal polity and summarizes the empirical evidence concerned with the …

This paper demonstrates that under conditions of imperfect (oligopolistic) competition, a
transition from separate accounting (SA) to formula apportionment (FA) does not eliminate …

Multinational firms are known to shift profits and countries are known to compete over shifty
profits. Two major principles for corporate taxation are Separate Accounting (SA) and …

This paper examines the impacts of the arm's length principle on tax revenues under
endogenous location choices. The results show that the level of transfer price depends not …

We examine how a multinational's choice to centralize or decentralize its decision structure
is affected by country tax differentials. Within a simple model that emphasizes the multiple …