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Transfer Pricing versus Formulary Apportionment

2023· book-chapter· en· W4387872281 on OpenAlexaboutno aff
Georgios Matsos

Bibliographic record

VenueOxford University Press eBooks · 2023
Typebook-chapter
Languageen
FieldBusiness, Management and Accounting
TopicCorporate Taxation and Avoidance
Canadian institutionsnot available
Fundersnot available
KeywordsApportionmentTransfer pricingResidenceScope (computer science)FormularyOrder (exchange)EconomicsConventionIncome taxPublic economicsMicroeconomicsOperations researchBusinessEngineeringComputer sciencePolitical scienceFinanceLawMultinational corporation

Abstract

fetched live from OpenAlex

Abstract This chapter assesses formulary apportionment (FA) as an alternative towards transfer pricing for the allocation of corporate profits among taxing jurisdictions. Although FA has been a relatively old operational notion in subnational corporate taxation, especially in the USA and Canada, it was not generally used in international taxation, other than in theoretical exercises. This is bound to change, as FA is currently the basis of major reform proposals aiming to reregulate the cross-border allocation of taxing powers. FA is usually juxtaposed with transfer pricing and with the arm’s-length principle (ALP). However, the idea of a full or even partial FA goes much further than simply replacing transfer pricing and the ALP: FA challenges the very essence of the allocation rules of the current double tax convention (DTC) network, i.e. source and residence as allocation principles. While formally the constitutive elements of a formula are no nexus, FA modifies the consequences of source and residence in a way that effectively replaces the means used by the source/residence principles and by the DTCs in order to allocate profits. This is done by substituting the world income principle and the attraction force of residence, by profoundly altering the rules deriving from the source principle, and, finally, by rendering the current DTCs obsolete.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.003
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.014
Threshold uncertainty score0.048

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.003
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0010.003
Scholarly communication0.0040.004
Open science0.0010.002
Research integrity0.0010.002
Insufficient payload (model declined to judge)0.0140.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.051
GPT teacher head0.196
Teacher spread0.145 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2023
Admission routes1
Has abstractyes

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Same venueOxford University Press eBooksSame topicCorporate Taxation and AvoidanceFrench-language works237,207