Title: Transfer pricing and value creation /
Authors: Petruzzi, Raffaele, 1983-; Tavares, Romero J. S.
Year: 2019
Subjects: Transfer pricing Taxation Law and legislation; International business enterprises Taxation Law and legislation; Valuation Law and legislation; International business enterprises Taxation Law and legislation; Transfer pricing Taxation Law and legislation; Valuation Law and legislation
Abstract: Emerging from the OECD/G20 BEPS Project, a new, somewhat fuzzy notion of value creation came to permeate not only transfer pricing language but also wider allocation rules and anti-abuse provisions in international tax law. The notion of "value creation" reframes the interpretation and application of the arm's length principle (ALP) that is embedded in Articles 7 and 9 of the OECD Model Convention. This new value creation notion and approach assist in understanding key enterprise functions while different industry sectors manifest these concepts in various ways. Situating such notions and this approach within the law of tax treaties and analysing terms of the OECD Transfer Pricing Guidelines alongside their factual context is the aim of this book. The book provides four parts: (1) introduction; (2) value creation and the application of the arm's length principle; (3) transfer pricing an global value chains; and (4) transfer pricing and value creation in specific industry sectors.
Contents: Historical evolution on transfer pricing and value creation / Olga Solovyova -- Value creation and transfer pricing policy considerations / Shengjie Yan -- Transfer pricing and value creation in the context of permanent establishments / Werner Egger -- Value creation and the accurate delineation of the transaction / Matthias Werner -- Value creation and the recognition of the actual transaction undertaken / Viktoria Kraus -- Value creation and application of traditional transaction methods / Martin Šimunek -- Value creation and the application of transactional profit methods / Pavlo Khodakovsky -- Value creation and procurement function / Pavlina Kropackova -- Value creation and the manufacturing function / Doris Schatzi -- Value creation and the distribution function / Valeria Khmelevskaya -- Value creation and service function / Monika Majerková -- Transfer pricing and value creation in the RD&I functions / Bernhard Winkelbauer -- Transfer pricing and value creation in the commodities trade sector / Dmitry Brodskiy -- Transfer pricing and value creation in the automotive sector / Jeanine Blumer -- Transfer pricing and value creation in the real estate sector / Tereza Gebauer -- Transfer pricing and value creation in the consumer products sector / Paul Tiefling -- Transfer pricing and value creation in the food and beverage sector / Monica Califano -- Transfer pricing and value creation in a digitalized economy / Angelika Zacher -- Transfer pricing & value creation in the pharmaceutical sector / Yusuf Jamal Siddiqui -- Transfer pricing and value creation in the telecommunications sector / Stefan Schuster.