When transfer pricing becomes a tax on Global South

When transfer pricing becomes a tax on Global South

Finance Minister Nirmala Sitharaman’s call this week for BRICS nations to jointly tackle transfer pricing, made at the BRICS heads of tax authorities meeting, is more than diplomatic courtesy. Her framing was blunt: transfer pricing disputes cost developing country administrations disproportionately, and revenue frameworks built for someone else’s economy distort how we are seen and how we see ourselves