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The Evolution of Transfer Pricing: Key Stages, Functions, and Principles
Hrytsenko L. L., Kuznietsov O. Y.

Hrytsenko, Larysa L., and Kuznietsov, Oleksandr Yu. (2025) “The Evolution of Transfer Pricing: Key Stages, Functions, and Principles.” Business Inform 11:741–741.
https://doi.org/10.32983/2222-4459-2025-11-741-741

Section: Finance, Money Circulation and Credit

Article is written in Ukrainian
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UDC 336.22:338.5

Abstract:
This article provides a comprehensive study of the historical and theoretical foundations and the successive stages of the development of transfer pricing in international practice, and substantiates their impact on the formation of Ukraine’s national model of transfer pricing. The methodological framework of the study is based on general scientific and specialized research methods, ensuring a comprehensive and systematic analysis. The use of a systematic approach not only organized the main phases of the evolution of transfer pricing but also established logical connections between global trends, changes in the regulatory framework, and the specific features of implementing these mechanisms within the national regulatory environment. Through methods of generalization and comparison, the distinctive characteristics, institutional advantages, and limitations of each stage in the development of regulatory approaches to transfer pricing were identified. The study carried out an analytical assessment of the advantages and disadvantages of each stage of both the global and Ukrainian transfer pricing models, particularly in terms of the effectiveness of regulatory support, the availability of control instruments, and the degree of compliance with international standards. Special attention was given to analyzing the advantages and disadvantages of the Ukrainian transfer pricing model, including its regulatory coherence, institutional capacity, and level of alignment with international recommendations. It was emphasized that efficient transfer pricing regulation is a key strategic component of the State’s tax policy, as it ensures the optimization of budget revenues, strengthens fiscal sustainability, and promotes transparency in the economic environment in a globalized economy. This study can serve as a practical tool for specialists in the field of transnational corporations and enterprises engaged in foreign economic activities, aiding in the decision-making process and in improving internal corporate pricing policies.

Keywords: transfer pricing, stages of transfer pricing development, transfer price, functions of transfer pricing, arm’s length principle.

Fig.: 1. Tabl.: 1. Bibl.: 11.

Hrytsenko Larysa L. – Doctor of Sciences (Economics), Professor, Professor, Department of Financial Technologies and Entrepreneurship, Education and Research Institute for Business, Economics, and Management of Sumy State University (57 Petropavlivska Str., Sumy, 40000, Ukraine)
Email: [email protected]
Kuznietsov Oleksandr Yu. – Postgraduate Student, Department of Financial Technologies and Entrepreneurship, Education and Research Institute for Business, Economics, and Management of Sumy State University (57 Petropavlivska Str., Sumy, 40000, Ukraine)
Email: [email protected]

List of references in article

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