001428639 000__ 06947nam\a22005173i\4500
001428639 001__ 1428639
001428639 003__ MiAaPQ
001428639 005__ 20230110003256.0
001428639 006__ m\\\\\o\\d\\\\\\\\
001428639 007__ cr\cn\nnnunnun
001428639 008__ 221228s2021\\\\xx\\\\\\o\\\\\|||\0\eng\d
001428639 020__ $$a9789087227333
001428639 020__ $$z9789087227326
001428639 035__ $$a(MiAaPQ)EBC6805074
001428639 035__ $$a(Au-PeEL)EBL6805074
001428639 035__ $$a(OCoLC)1286426559
001428639 040__ $$aMiAaPQ$$beng$$erda$$epn$$cMiAaPQ$$dMiAaPQ
001428639 050_4 $$aK4460
001428639 0820_ $$a343.04
001428639 1001_ $$aPeng, Claire (Xue).
001428639 24510 $$aLocation-Specific Advantages.
001428639 250__ $$a1st ed.
001428639 264_1 $$aAmsterdam :$$bIBFD Publications USA, Incorporated,$$c2021.
001428639 264_4 $$c©2021.
001428639 300__ $$a1 online resource (293 pages).
001428639 336__ $$atext$$btxt$$2rdacontent
001428639 337__ $$acomputer$$bc$$2rdamedia
001428639 338__ $$aonline resource$$bcr$$2rdacarrier
001428639 4901_ $$aWU Ser. ;$$vv.22
001428639 5050_ $$aCover -- Title -- Copyright -- Table of Contents -- Preface -- Acknowledgements -- Abbreviations -- Chapter 1: Introduction -- 1.1. Background -- 1.1.1. From where it started: A query of emerging countries -- 1.1.2. Developing countries are a rising force in the global economy and in the international tax community -- 1.1.3. Global businesses embrace a knowledge-based economy -- 1.1.4. Modern business models erode physical presence in host countries -- 1.1.5. Arm's length principle falls short and requires further modification post-BEPS -- 1.2. Research questions -- 1.3. Novelty of the research -- 1.4. Scope and assumptions -- 1.5. Methodologies -- 1.6. Structure -- Chapter 2: Conceptual Debate of Location-Specific Advantages -- 2.1. Introduction to LSAs -- 2.2. LSAs as an economic concept -- 2.3. LSAs as a tax law and transfer pricing concept -- 2.3.1. LSAs justify the taxing right of host countries in international taxation -- 2.3.2. LSAs present a pricing problem in transfer pricing -- 2.3.3. LSAs present insufficiently identifiable value under the current guidance and practice of transfer pricing -- 2.3.4. LSAs present as an inherent deficiency in allocating global taxing rights -- 2.4. Concluding remarks -- Chapter 3: Transfer Pricing Debate in International and National Domains -- 3.1. Insights from the international organizations -- 3.1.1. The OECD TP Guidelines -- 3.1.2. The UN TP Manual -- 3.2. Insights from selected countries -- 3.2.1. US tax law -- 3.2.2. German tax law -- 3.2.3. Chinese tax law -- 3.2.3.1. "China Country Practice" in the 2017 UN TP Manual -- 3.2.3.2. Domestic transfer pricing rules in China -- 3.2.4. Indian tax law -- 3.2.4.1. Location savings and other LSAs -- 3.2.4.2. Marketing intangibles -- 3.3. Concluding remarks -- Chapter 4: Economic Views of Multinational Enterprises -- 4.1. MNEs and the global economy.
001428639 5058_ $$a4.2. Economic theories of firms and MNEs -- 4.2.1. Overview of the theories -- 4.2.2. An integration of firm theories -- 4.2.2.1. Ownership advantages and KBC -- 4.2.2.2. Locational advantages -- 4.2.2.3. Internalization advantages -- 4.2.3. Interactions of OLI advantages with contemporary considerations -- 4.3. Concluding remarks -- Chapter 5: Theories of Taxing MNEs -- 5.1. Separate entity theory -- 5.1.1. What it is -- 5.1.2. Merits and demerits -- 5.1.3. Appraisals -- 5.2. Unitary entity theory -- 5.2.1. What it is -- 5.2.1.1. Tax unit: The unitary business -- 5.2.1.2. Tax base: Consolidated income of the unitary business -- 5.2.1.3. Formulary apportionment: Factors and weights -- 5.2.2. Merits and demerits -- 5.2.3. Appraisals -- 5.3. Concluding remarks -- Chapter 6: The Arm's Length Principle -- 6.1. Pre-BEPS developments since the 1930s -- 6.1.1. 1930s-1960s: The emergence of the arm's length principle -- 6.1.2. 1960s-1995: International acceptance of the arm's length principle -- 6.1.3. 1995-2015: Diverging national practice in respect of the arm's length principle -- 6.2. The BEPS Project as an overhaul of the arm's length principle -- 6.2.1. The BEPS initiatives and outcomes -- 6.2.2. The post-BEPS arm's length principle -- 6.2.2.1. Value creation is the new requirement -- 6.2.2.2. Addressing the separation of risks from functions -- 6.2.2.3. Addressing the separation of intangible-related income from functions -- 6.2.2.4. Revised guidance on the transactional profit split method -- 6.2.2.5. Simplified approach to low value-adding services -- 6.2.3. Interpretative value of the post-BEPS arm's length principle in tax treaties -- 6.3. The post-BEPS arm's length principle requires further modification -- 6.3.1. The arm's length principle per se is not a principle.
001428639 5058_ $$a6.3.2. Global formulary apportionment is not ready to replace the arm's length standard as the international solution -- 6.3.3. The arm's length principle presents fundamental limits in guidance and practice -- 6.3.3.1. Transactional significance -- 6.3.3.2. Functional analysis at entity level -- 6.3.3.3. The post-BEPS arm's length principle still excessively underlines functional significance -- 6.4. Concluding remarks -- Chapter 7: A New Framework for the Guidance and Practice of the Arm's Length Principle -- 7.1. Background -- 7.1.1. The profit allocation problem caused by insufficient inclusion of LSAs -- 7.1.2. Alternative international proposals -- 7.2. The proposal -- 7.2.1. Overview -- 7.2.2. The revised transfer pricing analysis -- 7.2.3. The revised transfer pricing methods -- 7.2.3.1. The one-sided methods with adjustment applicable in Scenario 1 -- 7.2.3.2. The revised residual profit split method applicable in Scenario 2 -- 7.3. Appraisal -- Chapter 8: Conclusions -- 8.1. What are LSAs? -- 8.2. What is the transfer pricing problem caused by LSAs? -- 8.3. What is the rationale for resolving the problem identified? -- 8.4. What is the proposal? -- Bibliography -- Other Titles in the WU Institute for Austrian and International Tax Law - Tax Law and Policy Series.
001428639 506__ $$aAccess limited to authorized users.
001428639 520__ $$aThis book discusses location-specific advantages, a novel concept originating from the transfer pricing practice in China and India.
001428639 588__ $$aDescription based on publisher supplied metadata and other sources.
001428639 650_0 $$aInternational business enterprises--Taxation--Law and legislation.
001428639 650_0 $$aTaxation--Law and legislation.
001428639 650_0 $$aTransfer pricing--Taxation--Law and legislation.
001428639 655_0 $$aElectronic books
001428639 77608 $$iPrint version:$$aPeng, Claire (Xue)$$tLocation-Specific Advantages: Modified Application of the Arm's Length Principle in a Knowledge-Based Economy$$dAmsterdam : IBFD Publications USA, Incorporated,c2021$$z9789087227326
001428639 830_0 $$aWU Ser.
001428639 852__ $$bebk
001428639 85640 $$3ProQuest Ebook Central Academic Complete $$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=6805074$$zOnline Access
001428639 909CO $$ooai:library.usi.edu:1428639$$pGLOBAL_SET
001428639 980__ $$aBIB
001428639 980__ $$aEBOOK
001428639 982__ $$aEbook
001428639 983__ $$aOnline