Now in its fifth edition, Global Transfer Pricing: Principles and Practices continues to provide a straightforward and accessible introduction to this complex and increasingly important area of business taxation.It offers readers an overall view of transfer pricing as it is practised today. In addition to the theory of transfer pricing, this practical handbook explains how to implement transfer pricing models in global multinationals, how to monitor transactions to ensure compliance and how to create transfer pricing documentation.The transfer pricing environment has evolved significantly since publication of the previous edition – changes include Brexit, covid, guidance on financial transactions and IBOR. All chapters will be updated in line with recent developments. Specific updates for this new edition include:- Chapter 5 updated to include OECD Transfer Pricing Guidance on Financial Transactions published in February 2020,practical application of the new guidance and IBOR transit
