A well managed transfer pricing policy results in a correct allocation of resources within a multinational enterprise. Optimal management of transfer prices involves securing risks associated with tax reassessments and benefiting from the opportunities that a suitable transfer pricing policy may enable. In this article from the French publication Reflets, NERA Director Dr. Emmanuel Llinarès and Hogan & Hartson associate Hervé Bidaud demonstrate how an effective tax department, which is typically responsible for tax management of transfer prices, can construct an efficient transfer pricing policy.

This article is available in French only.