The course will provide an overview of the principles governing transfer pricing and will cover the application of the principles and methodologies in practice. It will also discuss recent developments and trends in the area of the international taxation principles. The course will also include a discussion of how to address Base Erosion and Profit Shifting (BEPS) as it has become a pressing issue for a number of jurisdictions. There are several studies and data indicating that there is increased segregation between the location where actual business activities and investment take place and the location where profits are reported for tax purposes.