
Now in its tenth edition, International transfer pricing 2008 provides in the first sections a general overview of the global approach to transfer pricing issues. The later sections are devoted to a summary survey of specific requirements of the key countries with transfer pricing rules.
This publication demonstrates that transfer pricing is a matter that is of fundamental importance to multinationals. It is vital for every company to have a coherent and defensible transfer pricing policy, which is responsive to the very real climate of change in which companies are operating. A transfer pricing policy must be developed in a reasonable timescale and be understood by both company management and professional advisers. It needs to be re-examined regularly to allow for changes in the business, perhaps as the result of acquisitions or divestments of part of the group.