Examines the tax and business law issues faced daily by multinational businesses in cross border transfers of property and services. Students will gain both a practical and theoretical understanding of transfer pricing, along with exposure to important related areas of taxation, intellectual property law, accounting, economics, customs, and other regulatory laws (i.e., Sarbanes-Oxley). Topics will be evaluated from the perspective of U.S., OECD, and foreign country rules, with emphasis on how multinational companies operate within these environments. Special attention will be given to how transfer pricing applies to intangible property such as software, services, and other virtual property. Attention also will be given to how transfer pricing principles are applied by and among the 50 states. Course work will include analysis of transactional documents.

Spring 2008.