Transfer pricing rules can decelerate movement of undeclared funds
December 22, 2010
As emerging economies struggle with the prospect of inflation and depreciation, which some tax markets fear could repeat the 1997 Asian Financial Crisis, transfer pricing rules could become increasingly important.
The movement of undeclared funds, informally known as hot, or easy money (primarily a corporate tax issue), is a growing concern for expanding economies with strong currencies and high interest rates, such as Brazil and the Philippines.
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