Why transfer pricing is of fundamental importance to multinational enterprises ?

International transfer pricing 2009 is a unique annual review from PricewaterhouseCoopers, which provides general guidance on a range of transfer pricing issues in 60 countries.
The book not only shows why sound transfer pricing policies must be developed within reasonable timescales, but also why such policies need to be re-evaluated regularly to allow for changes in the business.
International transfer pricing 2009 is intended to provide practical advice on a subject where the right amount of effort can produce huge dividends in the form of a reasonable and stable tax charge, coupled with the ability to defend a company against a transfer pricing investigation by the tax authorities.