Study On The Multinational Corporations' Transfer Pricing Taxation Governance Of China

The report of the Nineteenth National Congress of the Communist Party of China pointed out that we should promote the formation of a new pattern of comprehensive opening up.In the report of the Nineteenth National Congress of the Communist Party of China,the term "governance" has been mentioned 45 times,especially in promoting the modernization of the national governance system and governance capacity.Multinational Corporations are the main participants in the opening up.Tax governance is an important part of the national governance system.Transfer pricing governance is an important part of the Tax Governance of Multinational Corporations.At present,there are still some problems in tax governance of transfer pricing in China,such as how to create a good business environment,to cope with the needs of "going out" enterprises and to participate in global tax competition.It is difficult to solve these problems.Governance theories such as government internal reform,pluralistic democratic administration and global governance can provide useful reference for promoting compliance,optimizing business environment,improving work effectiveness and promoting international cooperation of transnational corporations.In view of the problems existing in the current transfer pricing governance of multinational corporations in China,this paper uses governance theory to study and analyze the evolution of laws and regulations,working ideas and practical practices of'transfer pricing since 2008,explains its general development trend,and provides policy makers with suggestions for further improvement of transfer pricing.