Comprehensive anecdotal and academic evidence reveals that multinational enterprises (MNEs) transfer income from high-tax countries to low-tax jurisdictions to reduce their corporate tax burden. Political and public debates on the topic were recently reignited by the “Paradise Papers” scandal, where leaked electronic documents on offshore investments, among others, of large MNEs, such as Apple, Nike and Siemens, were made public.
Transfer Pricing Regimes for Developing Countries
