Current Trends and Corporate Cases in Transfer Pricing Book

	Exhibits	ix
	Preface	xiii
	Acknowledgments	xv
	Executive Summary	xvii
1	Global Business Environment and Transfer Pricing	1
	Environmental Changes and Their Impact on Intrafirm Trade and Transfer Pricing	5
	Research Questions and Study Objectives	19
	Some Conceptual Frameworks for Corporate Transfer Pricing	20
	Methodologies and Research Instruments	24
	An Overview of the Book	26
	Bibliography	27
2	Major Findings from the Questionnaire Survey	31
	Profile of the Respondent Firms	32
	Transfer Pricing Methods	32
	Environmental Variables of International Transfer Pricing	34
	Systems Objectives, Policy Authority, and Financial Performance Measures	40
	Summary and Conclusions	44
	Bibliography	45
3	The Whirlpool Corporation Case	47
	Case Summary	47
	Corporate Vision, Goals, and Strategies	50
	Transfer Pricing Practices	54
	Income Taxes and Tax Planning Strategies	58
	Balanced Scorecard and Performance Measurement System	61
	The Future	63
	Discussion Questions	66
	Appendix	66
4	The Dow Chemical Company Case	71
	Case Summary	71
	Dow's Industry Segments and Businesses	74
	Corporate Vision, Goals, and Strategies	76
	Transfer Pricing Practices	80
	Provision for Income Taxes and Effective Tax Rate	82
	The Dow Scorecard and Performance Measures	82
	The Future	85
	Discussion Questions	89
5	The Guidant Corporation Case	91
	Case Summary	91
	Corporate Mission, Goals, and Strategies	94
	Segment Data and International Operations	97
	Intercompany Transactions and Transfer Pricing System	98
	Income Taxes and Tax Planning Issues	102
	The Future	104
	Discussion Questions	107
6	The Masco Corporation Case	109
	Case Summary	109
	Corporate Organizational Structure, Vision, and Strategies	113
	Transfer Pricing Practices	118
	Income Taxes and Tax Planning Issues	119
	Performance Measures and Incentives	119
	The Future	123
	Discussion Questions	123
7	The Eaton Corporation Case	127
	Case Summary	127
	Corporate Mission, Goals, and Strategies	130
	Business and Geographic Segment Information	133
	Transfer Pricing Practices	134
	Income Taxes and Tax Planning Strategies	137
	The Future	137
	Discussion Questions	142
8	Comparisons of Corporate Cases and General Conclusions	143
	Basic Financial Information of the Five Companies	143
	Corporate Missions, Strategies, and Financial Goals	145
	Comparison of Profit Performance and Investors' Return	147
	Comparison of Transfer Pricing and Performance Measurement Practices	150
	Comparison of Tax Planning Strategies	152
	Relating Case Research to the Findings from the Questionnaire Survey	155
	General Conclusions	156
	References	159
	Appendixes
A	Survey Questionnaire: Transfer Pricing Practices of Large Corporations	161
B	Questions and Topics for Personal Interviews	171
	Index	175