Initially seen in Europe as a technical international tax matter understood only by a minority of CFOs and tax directors in large multinational enterprises (MNEs) and a small number of tax officials, transfer pricing has risen to prominence over the last decade on the agenda of both MNEs and European Ministers of Finance. On the government side, most European countries have set up transfer pricing regulations, including corresponding documentation requirements and Advance Pricing Agreement (APA) programs. Simultaneously, they have accelerated the pace and increased the depth of transfer pricing-related audits, while building up teams of tax inspectors dedicated to transfer pricing. On the MNE side, opportunities and threats related to transfer pricing are now much more known and understood by tax and finance professionals, who rank transfer pricing among the major issues they have to face.

In this new e-book from EFE, NERA transfer pricing experts Dr. Emmanuel Llinares and Sébastien Gonnet offer a practical, synthesized guide to major transfer pricing issues faced by multinational corporations. Dr. Llinares and Mr. Gonnet discuss the key concepts of transfer pricing, focusing on the importance of the economic tools available to groups for enhancing risk management and benefit opportunities. Gestion Stratégique des Prix de Transfert is a guide for companies and groups seeking to implement and enforce coherent, consistent, and non-penalizing transfer pricing policies.

This publication is part of a series of expert e-books EFE is publishing. To order a copy of Gestion Stratégique des Prix de Transfert, please visit the EFE website.