Transfer pricing is the most important issue in international taxation today, but transfer pricing regulations for the United States and its major trading partners have changed significantly over the past decade. Professor Tang explains these changes and their impact on trade among multinational companies. In doing so he covers not only changes in U.S. regulations and their effects on multinational companies, but also the changes that have taken place in Canada, Mexico, China, Japan, the United Kingdom, Germany, France, the OECD, and elsewhere, and their impact on U.S. business. Also discussed in detail are the advance pricing agreements (APA) programs of the United States and Canada; a new paradigm for resolving a variety of issues that have arisen recently in intrafirm trade and transfer pricing; and, for business executives, an approach for managing a corporate transfer pricing system. The book is an essential reading for professionals and their colleagues in the academic community.
About the Author: ROGER Y. W. TANG is Professor of Accountancy at the Haworth College of Business Administration, Western Michigan University, where he also holds the Upjohn Chair of Business Administration. He has taught at the University of Nebraska, McGill University, and the University of Calgary, and is a member of the American Accounting Association, the Academy of International Business, the Institute of Management Accountants, and the Institute of Certified Internal Auditors. Dr. Tang has published widely in the important journals serving his field and is the author of three earlier books, including Transfer Pricing in the 1990s: Tax and Management Perspectives (Quorum, 1993) and Transfer Pricing Practices in the United States and Japan (Praeger, 1979).
