Since the financial crisis in 2008, there has been continuous public attention on multinationals' tax position - which, for the most part, turns on their transfer pricing policy and whether this properly aligns the taxable profits in each country with the value-generating activities taking place there.

This publication aims to give readers a high-level overview of the principal transfer pricing rules in each country covered. Each chapter summaries the substantive transfer pricing rules, explains how a transfer pricing dispute is handled, from initial scrutiny through to litigation or settlement, and discussed the interaction between transfer pricing and other parts of the tax code.