Maya Forstater

Significantly curtailing transfer pricing such that public sector revenues collected by each country are proportionate to the value actually added or value of resources extracted in that country.

Transfer pricing as such does not erode revenues (it's just a generic mechanism that countries have agreed for allocation of taxable income), but abuse of the practice can definitely do it. On that, the evidence suggests TP regulations are generally effective, yes

Interesting. So what is the ‘transfer pricing’ done by multinationals to lower their effective tax rate across countries, irrespective of the general menchanism among govts, called?

There's a Danish idiom that roughly translates as "cherished child has many names" :) Transfer *mis*pricing, corporate tax avoidance, base erosion and/or profit shifting, illicit financial flows (which Maya loves), "tax dodging", aggressive tax planning, etc.

Ok thanks. In a development context then, I think, the word transfer pricing is often misused. From 0 to 100, where would you say we are on effective regulation of these?

Thx. With regards to BEPS, if rentier companies shift profits enough to save on say $10m in a country like Sierra Leone or Liberia, that’s huge for those countries, even if most of the revenue losses from BEPS accrues to developed countries.