Artem Tuigunov_Tax Regulation of Transfer Prices in Transnational Corporations in EU
(2022) NEKN01 20221Department of Economics
- Abstract
- This work provides an overview of transfer pricing itself, how the tax regulation of transfer pricing has changed in EU and the analysis of changes in revenue and profits of 5 different Transnational corporations from Denmark. The analysis was made by looking into annual reports of these corporations for more than a decade and comparing the result with the time of introduction of BEPS plan and the Multilateral Instrument. It turned out that most of the corporations actually tried to hide their true profits, but the implementation of the actions above helped to reveal it. The constant need to improve the tax control over transfer prices on the part of the states gives practical significance to the work.
- Popular Abstract
- The current development of international business is characterized by the increasing influence of multinational corporations in the global economy. Transnational corporations today comprise more than 60 thousand major companies and more than 500 thousand of their foreign branches and affiliated companies operating around the world. Under the control of TNCs is 1/2 of industrial production, 2/3 of world trade, 4/5 of world patents, know-how, licenses; 10% of all employed in non-agricultural production. With the increasing role of TNCs in the global market, tax regulation of the activities of TNCs is becoming increasingly important, both on the part of states and on the part of multinational corporations themselves.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9085409
- author
- Tuigunov, Artem LU
- supervisor
-
- Åsa Hansson LU
- organization
- course
- NEKN01 20221
- year
- 2022
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Transfer prices, Tax regulation, EU, BEPS, Multilateral Intrument
- language
- English
- id
- 9085409
- date added to LUP
- 2022-10-10 09:27:01
- date last changed
- 2022-10-10 09:27:01
@misc{9085409, abstract = {{This work provides an overview of transfer pricing itself, how the tax regulation of transfer pricing has changed in EU and the analysis of changes in revenue and profits of 5 different Transnational corporations from Denmark. The analysis was made by looking into annual reports of these corporations for more than a decade and comparing the result with the time of introduction of BEPS plan and the Multilateral Instrument. It turned out that most of the corporations actually tried to hide their true profits, but the implementation of the actions above helped to reveal it. The constant need to improve the tax control over transfer prices on the part of the states gives practical significance to the work.}}, author = {{Tuigunov, Artem}}, language = {{eng}}, note = {{Student Paper}}, title = {{Artem Tuigunov_Tax Regulation of Transfer Prices in Transnational Corporations in EU}}, year = {{2022}}, }