Influence of Transaction Transfer Pricing Policies on Corporate Organizations Tax in Nigeria

Abstract

This study aimed to discuss the influence of transaction transfer pricing on corporate organizations tax in Nigeria. A descriptive research model was adopted. Secondary data were obtained from KPMG International (Tax) Bulletin report on fifty (50) major corporate organizations in Nigeria for 2014 to 2018 concerning transaction transfer pricing policies in terms of its influence on the organizations' business growths, tax rate, profit rate and tax liability. Results obtained for the study showed that transaction transfer pricing policies have a positive influence on the business growth on corporate organizations in Nigeria. It was recommended that corporate organizations should employ adequate measure that safeguards and avoid costly error in the implementation of transaction transfer pricing policies.

Keywords: corporate organizations tax, transfer pricing, transfer pricing policies.

DOI: 10.7176/RJFA/11-6-07

Publication date:March 31^st 2020