Fundamentals of International Transfer Pricing in Law and Economics


Wolfgang Schön, Kai A. Konrad (Hrsg.)

Taxation of multinational corporate groups is a complex undertaking that has become a major concern in the academic and political debate on the future of international taxation. At the centre of current debates lies the determination of transfer prices between related companies.

The arm’s length standard, which has provided a widely used yardstick for decades, has come under increasing pressure, as it seems to offer multinational companies the opportunity to relocate their profits to low tax countries.

In a recently published book, a number of outstanding experts now focus for the first time on the fundamentals of international transfer pricing from an interdisciplinary legal and economic perspective.

The book offers the reader a concise presentation and analysis of transfer pricing in the international tax arena. It discusses the merits of the traditional OECD approach as well as alternative mechanisms such as formulary apportionment for the allocation of taxing rights, and it explores the implications for the future of international tax and corporate law.

“Fundamentals of International Transfer Pricing in Law and Economics” is the first volume of a new series entitled “MPI Studies in Tax Law and Public Finance”. The papers contained in the volume are the result of an interdisciplinary conference held in December 2010 at the newly founded Max Planck Institute for Tax Law and Public Finance. Editors of the book and the new series are Wolfgang Schön and Kai A. Konrad, the two directors of the Institute.

Schön, Wolfgang / Konrad K. (eds.): Fundamentals of International Transfer Pricing in Law and Economics. Heidelberg, Springer, 304 pages, 2012.

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Published:   MPI Studies in Tax Law and Public Finance.