|
KMID : 0896220030230010279
|
|
Journal of Daegu Health College
2003 Volume.23 No. 1 p.279 ~ p.298
|
|
|
An Empirical Study on Transfer Pricing Tax
|
|
Song Suck-Myung
|
|
|
Abstract
|
|
|
|
The increasing globalization of Korean economy and its growing integration with the rest of the world’s economies have demanded reconsidering of international aspects of its tax system. International tax affairs like transfer pricing tax and tax evasion of multinational enterprises, Korean government has attempted to meet these needs and deal with international tax policy issues which they faces. Therefore this study provides us with some empirical evidence on the usefulness and need of transfer pricing tax. The main objectives of this study is to investigate the usefulness and needs of transfer pricing tax in multinational enterprises through case study. This study examines the usefulness and need of transfer pricing tax by analysing these ratios of the financial statements of S-company which is the Seoul Branch of K-company such as ① Selling profit/Sales, ② Operating proflt/Sales, ③ Selling profit/Selling and administrative expenses, ④ Operating profit/Cost of sales and ⑤ Operating profit/Selling and administrative expenses. The empirical results analyzing by using financial data of S-company and seven companies which have been dealing with S-company is evidenced that the most rational method of producing normal price is in the range of normal price by the method of transactions and net income.
|
|
|
KEYWORD
|
|
|
|
|
|
FullTexts / Linksout information
|
|
|
|
|
|
Listed journal information
|
|
|
|