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International Experience Of Regulation Of Controlled Transactions Of Transnational Companies

Author

Listed:
  • Mariia Ermilova

    (Plekhanov Russian University of Economics)

Abstract

The purpose of this study is to prove the need for the introduction of uniform international approaches to the regulation of internal corporate transactions, which will reduce the financial risks of transnational corporations. This study analyzed current experience in regulating controlled transactions of companies in international practice. It was determined that the improvement of the principles of international regulation of internal corporate transactions is required. The study made it possible to determine the need to develop common international approaches of regulating transactions between interdependent entities in order to reduce the financial risks of multinational companies and eliminate the double taxation principle. Based on the analysis of foreign experience, it was possible to identify elements of the process of international regulation of internal corporate transactions.

Suggested Citation

  • Mariia Ermilova, 2020. "International Experience Of Regulation Of Controlled Transactions Of Transnational Companies," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 18(1), pages 71-88.
    • Handle: RePEc:brv:journl:v:18:y:2020:i:1:p:71-88
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    File URL: https://fmv.euba.sk/RePEc/brv/journl/MV2020-1.pdf
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    References listed on IDEAS

    as
    1. Ronald B. Davies & Julien Martin & Mathieu Parenti & Farid Toubal, 2018. "Knocking on Tax Haven’s Door: Multinational Firms and Transfer Pricing," The Review of Economics and Statistics, MIT Press, vol. 100(1), pages 120-134, March.
    2. Bauer, Christian J. & Langenmayr, Dominika, 2013. "Sorting into outsourcing: Are profits taxed at a gorilla's arm's length?," Journal of International Economics, Elsevier, vol. 90(2), pages 326-336.
    3. Johannes Becker & Ronald B. Davies, 2014. "A Negotiation-Based Model of Tax-Induced Transfer Pricing," The Institute for International Integration Studies Discussion Paper Series iiisdp451, IIIS.
    4. Keuschnigg, Christian & Devereux, Michael P., 2013. "The arm's length principle and distortions to multinational firm organization," Journal of International Economics, Elsevier, vol. 89(2), pages 432-440.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    controlled transactions; transfer pricing; interdependent persons; double taxation; financial flows;
    All these keywords.

    JEL classification:

    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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