AN APPROACH ON LINKS BETWEEN TRANSFER PRICING AND TAX HAVENS
Transfer pricing are the prices at which a company transfers physical goods and intangible property or provides services to affiliated companies. Transfer pricing mechanism is the most frequently used instrument for the transfer of the tax base from countries with high tax to low tax countries. In t...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Petrosani
2015-10-01
|
| Series: | Annals of the University of Petrosani: Economics |
| Subjects: | |
| Online Access: | http://www.upet.ro/annals/economics/pdf/2015/part1/Cazacu.pdf |
| _version_ | 1818379488628572160 |
|---|---|
| author | ANDREEA LAVINIA CAZACU (NEAMŢU) |
| author_facet | ANDREEA LAVINIA CAZACU (NEAMŢU) |
| author_sort | ANDREEA LAVINIA CAZACU (NEAMŢU) |
| collection | DOAJ |
| description | Transfer pricing are the prices at which a company transfers physical goods and intangible property or provides services to affiliated companies. Transfer pricing mechanism is the most frequently used instrument for the transfer of the tax base from countries with high tax to low tax countries. In the context of transfer pricing, all transactions should be made only respecting the principle of market value (Arm’s length principle). Under current conditions, we can say that globalization influences the transfer pricing, because it makes possible to transfer profits from one country to another, by removing state barriers. The expression "transfer pricing" is used as shorthand for multinational corporations to store profits in tax havens and to avoid tax evasion in developed countries. These two terms (transfer pricing and tax havens) combined, make the benefits of affiliated groups to grow impressively. |
| first_indexed | 2024-12-14T02:03:35Z |
| format | Article |
| id | doaj.art-18b2242174d5470caf00d388fa74c6c9 |
| institution | Directory Open Access Journal |
| issn | 1582-5949 2247-8620 |
| language | English |
| last_indexed | 2024-12-14T02:03:35Z |
| publishDate | 2015-10-01 |
| publisher | University of Petrosani |
| record_format | Article |
| series | Annals of the University of Petrosani: Economics |
| spelling | doaj.art-18b2242174d5470caf00d388fa74c6c92022-12-21T23:20:56ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202015-10-01XV15158AN APPROACH ON LINKS BETWEEN TRANSFER PRICING AND TAX HAVENSANDREEA LAVINIA CAZACU (NEAMŢU)0University of Craiova, RomaniaTransfer pricing are the prices at which a company transfers physical goods and intangible property or provides services to affiliated companies. Transfer pricing mechanism is the most frequently used instrument for the transfer of the tax base from countries with high tax to low tax countries. In the context of transfer pricing, all transactions should be made only respecting the principle of market value (Arm’s length principle). Under current conditions, we can say that globalization influences the transfer pricing, because it makes possible to transfer profits from one country to another, by removing state barriers. The expression "transfer pricing" is used as shorthand for multinational corporations to store profits in tax havens and to avoid tax evasion in developed countries. These two terms (transfer pricing and tax havens) combined, make the benefits of affiliated groups to grow impressively.http://www.upet.ro/annals/economics/pdf/2015/part1/Cazacu.pdfTransfer pricing“arm`s length” principletransfer pricing fileeconomic globalizationtax haven“offshore” |
| spellingShingle | ANDREEA LAVINIA CAZACU (NEAMŢU) AN APPROACH ON LINKS BETWEEN TRANSFER PRICING AND TAX HAVENS Annals of the University of Petrosani: Economics Transfer pricing “arm`s length” principle transfer pricing file economic globalization tax haven “offshore” |
| title | AN APPROACH ON LINKS BETWEEN TRANSFER PRICING AND TAX HAVENS |
| title_full | AN APPROACH ON LINKS BETWEEN TRANSFER PRICING AND TAX HAVENS |
| title_fullStr | AN APPROACH ON LINKS BETWEEN TRANSFER PRICING AND TAX HAVENS |
| title_full_unstemmed | AN APPROACH ON LINKS BETWEEN TRANSFER PRICING AND TAX HAVENS |
| title_short | AN APPROACH ON LINKS BETWEEN TRANSFER PRICING AND TAX HAVENS |
| title_sort | approach on links between transfer pricing and tax havens |
| topic | Transfer pricing “arm`s length” principle transfer pricing file economic globalization tax haven “offshore” |
| url | http://www.upet.ro/annals/economics/pdf/2015/part1/Cazacu.pdf |
| work_keys_str_mv | AT andreealaviniacazacuneamtu anapproachonlinksbetweentransferpricingandtaxhavens AT andreealaviniacazacuneamtu approachonlinksbetweentransferpricingandtaxhavens |