Business Economics

, Volume 54, Issue 3, pp 182–184 | Cite as

Richard Collier and Joseph Andrus: transfer pricing and the arm’s length principle after BEPS

Oxford University Press, Great Clarendon Street, Oxford, OX2 6DP, United Kingdom, 2017, 306 pages, ISBN 978–0–19–880291–4
  • William J. SeegerEmail author
Book Review


In 2013, the Organization for Economic Cooperation and Development (OECD) and the Group of 20 (G20) governments embarked on the most significant revision of the international tax rules in a century. The Base Erosion and Profit Shifting initiative (BEPS), launched during the 2007 Financial Crisis, had one goal: revise international tax rules to align them with the major commercial developments in the global economy. This revision explicitly considered the continuing viability of the Arm’s Length Principle (ALP) as the worldwide tax standard in the allocation of income among members of a controlled multinational group.

With the recent conclusion of the BEPS project, now is the ideal time to step back and reflect on the accomplishments and limitations of the BEPS program, as well as the work remaining to address ongoing challenges. In this regard, the authors have done a splendid job; they are uniquely qualified to assess the accomplishments and limitations of this historic...


Copyright information

© National Association for Business Economics 2019

Authors and Affiliations

  1. 1.College of Business AdministrationThe University of Texas at ArlingtonArlingtonUSA

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