According to estimates, the major part of all worldwidetrade relations is conducted between affiliated companies. Accordingly, the economic significance of transfer prices has increased, since their design substantially influences the tax assessment bases of affiliated companies, and offers opportunities of optimizing tax rates. However, such pricing also gives rise to extensive tax risks, especially as the Tax Authorities of the affected states intend to secure their tax revenues. Germany relies on extensive transfer pricing provisions which are almost exclusively published in the official language German. The present edition provides for an English translation of relevant German - tax laws, - statutory ordinances, and - administrative guidelines.