Background of the Study
Transfer pricing refers to the pricing of goods, services, and intangible assets transferred between divisions of multinational companies (MNCs). Effective transfer pricing mechanisms are crucial for tax compliance, resource allocation, and profit maximization. In Nigeria, companies like Unilever Nigeria Plc face stringent regulations under the Federal Inland Revenue Service (FIRS) guidelines to ensure that transfer pricing aligns with arm’s-length principles (Adedayo & Chukwu, 2023).
The growing complexity of global operations and tax environments makes transfer pricing a critical area for multinational companies. This study examines the effectiveness of transfer pricing mechanisms at Unilever Nigeria Plc, focusing on their compliance, fairness, and contribution to operational efficiency.
Statement of the Problem
Despite regulatory frameworks, transfer pricing remains a contentious issue in Nigeria due to allegations of tax evasion and profit shifting by multinational companies. Unilever Nigeria Plc, like other MNCs, faces scrutiny over its transfer pricing practices, which may affect its reputation and financial stability (Ibrahim & Eze, 2024). This study investigates the effectiveness of transfer pricing mechanisms at Unilever Nigeria Plc, highlighting challenges and opportunities for improvement.
Objectives of the Study
Research Questions
Research Hypotheses
Scope and Limitations of the Study
The study focuses on the transfer pricing practices of Unilever Nigeria Plc. Limitations include restricted access to financial data and confidentiality concerns regarding sensitive pricing information.
Definitions of Terms
Multinational Companies (MNCs): Corporations operating in multiple countries.
ABSTRACT
One of the major problems facing the country is pavement failure. It is the concern of the Institute of Managem...
Excerpt from the study
The Student Industrial Work Experience scheme (SIWES) is a planned and supervised training interv...
THE IMPACT OF CULTURAL DIFFERENCES ON FIDUCIARY ACCOUNTING PRACTICES
Abstract: Cultural differences significantly influence fiduciary acc...
Background of the study
Quality assurance (QA) in healthcare is an essential practice that ensures healthcare services meet...
Background Of Study
Globally, tourism has become an important policy tool for community and regional de...
Chapter One: Introduction
1.1 Background of the Study
Desertification is a serious environmental issue affecting many parts of...
Background of the study
Hepatitis B virus (HBV) is one of the most common chronic infections worldwide...
Abstract
The research examined the “role of female journalists on Nigerian broadcast media (A case study of BCOS...
ABTRACT
Individuals in every country are entitled to enjoy certain priledges which are not just...
Background of the study
Anaemia describes a situation in which there...