Transfer pricing in Canada

Reviews Revenue Canada's new administrative guidelines on transfer pricing, released in September 1999 as Information Circular 87-2R, entitled "International transfer pricing". Considers, among other things, Canada's transfer pricing legislation enacted in 1998, the arm's length principle, the recommended methods for determining the appropriate price, qualifying cost contribution arrangements, intangible property, intra-group services, the penalty provisions, competent authority procedures and advance pricing arrangements.