Transfer pricing as a contemporary regulatory challenge for developing countries

Abstract

The paper states that for developing countries transfer pricing, as the main carriers of increasingly expressive so-called doing business within the group, represent an insufficiently resolved issue from the point of view of legal regulation and control of their application. For this reason, it is shown the basic segments of identifying the main challenges of transfer pricing for these categories of countries, and the general, widely accepted steps, or guidelines for mastering these challenges. However, taking into account that developing countries do not generally have adequate knowledge and skills for the implementation of the presented steps, the final part of the paper outlines how international organizations approach and support the resolution of this global problem of the 21st century.

Keywords

• transfer pricing
• developing countries
• international support programs