THE INFLUENCE OF ACCOUNTANCY DATA ON THE TRANSFER PRICING POLICY IN ROMANIA

• Main Authors: Luca Mihai, Ciocanea Bianca, Pitu Cosmin
• Format: Article
• Language: English
• Published: Transilvania University Press 2019-12-01
• Series: Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences
• Subjects: jointy; pricing transfer; the principle of market value; the filecontaining the transfer pricing; the file containing transfer pricing
• Online Access: http://webbut.unitbv.ro/bulletin/Series%20V/2019/BULETIN%20I/12_LUCA.pdf
• ISSN: 2065-2194; 2065-2194

When adopting the transfer pricing policy, tax affects not only the company, but also the main indicators of performance, cash flow and business strategy. Through the transfer pricing policy, which is actually a commercial policy of the company in relation to related parties, methods for determining prices in the future are established, related party transactions, complying with the principle of market value. This article also presents practical elements on the harmonization and fiscal accounting principles in the field of related party transactions, so as to ensure a better management of tax risk. Also, it seeks clarification of conceptual and practical aspects of transfer pricing, welcome for financial accounting professional knowing that the tax authorities have rised the number of controls in this area.