A new article from BNA International's Tax Planning International Transfer Pricing examines how transfer pricing concepts and analysis can be used to address some of the problems facing English football's Barclays Premier League.
London, United Kingdom (PRWEB) July 27, 2009 -- A new article from BNA International's Tax Planning International Transfer Pricing, "Why transfer pricing is relevant to premiership football", highlights how new methods could curb the distorting effects of utility-maximising behaviour by Premier League club owners.
These new methods could over time bring the interaction between clubs and their owners' closer in line with what might be expected from arm's length dealing between relevant parties. This could help provide a financial safety net for clubs, and help enhance their own profit margins. The authors of the article, Graham Poole, Pim Fris and Tom Coriano of NERA Economic Consulting (London and Paris), have taken a new and interesting approach that can be found in BNA International's Tax Planning International Transfer Pricing. Their proposed framework could:
" …provide an objective means of bolstering the going concern test recently proposed by the Premier League."
Their unique approach takes into account:
1. Arm's length interest / guarantee fees
2. Profitability
3. Thin / thick capitalisation
4. Penalty sanctions
BNA International helps companies and their advisers operate successfully in global business. It provides accurate news and detailed analysis of worldwide legal developments in:
· International Tax
· IP, Communications & Technology
· Business & Finance
Tax Planning International Transfer Pricing is one of BNA International's flagship journals. Written by leading practitioners, it contains comprehensive details of taxation and economic issues involved in preparing a successful transfer pricing strategy. It is one of the leading resources for practical global transfer pricing guidance.
Obtain you review copy of this article - taken from BNA International's Tax Planning International Transfer Pricing - by contacting John Martinez at the details below.
Media Contact:
John Martinez
BNA International
+44 (0)20 7847 5801
www.bnai.com
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