Utjecaj odabira metode transfernih cijena na konsolidiranu sadašnju vrijednost povezanih društava na primjeru poduzeća XY d.o.o.

master's thesis

• Title (english): The impact of the selection of the transfer pricing method on the consolidated net present value (NPV) of the associated parties on the example of XY LLC
• Author: Zdenko Pavleka
• Mentor: Martina Sopta Ćorić (mentor)
• Committee member: Martina Sopta Ćorić (predsjednik povjerenstva)
• Committee member: Davor Labaš (član povjerenstva)
• Committee member: Mihaela Mikić (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Managerial Economics); Zagreb
• Defense date and country: 2024-09-17, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics; Economics of Entrepreneurship

Abstract

U diplomskom radu analizirat će se transferne cijene te važnost njihove primjene u suvremenim uvjetima poslovanja te njihov utjecaj na maksimizaciju bogatstva dioničara. Naime, postoje situacije na tržištu gdje se ugovorni odnosi između povezanih društava koji posluju u različitim poreznim jurisdikcijama mogu urediti na različite porezno legitimne načine. Samim time, u ovisnosti kako se urede ugovorni odnosi, navedeno utječe na činjenicu kada će koje društvo i na koju osnovicu platiti porez na dobit i u kojem iznosu.
Cilj rada je usporediti konceptualno slična moguća uređenja ugovornih odnosa među povezanim društvima, odnosno prodaje softvera koje se razvija na hrvatskom, a prodaje na inozemnom tržištu u vidu koliko novčanih tokova je potrebno u razdoblju investiranja i koliko se istih stvara u razdoblju povrata te time usporediti koja od ovih porezno dopustivih metoda maksimizira bogatstvo ulagača, odnosno konsolidiranu sadašnju vrijednost povezanih društava.
U ovom radu koristit će se različiti izvori i metode za ostvarivanje predmeta i definiranih ciljeva rada, no uz pregled postojeće literature, unutar diplomskog rada izradit će se i studija o transfernim cijenama na konkretnom primjeru poslovanja poduzeća XY d.o.o. te će se temeljem navedene studije iznijeti zaključci o utjecaju izabranog uređenja ugovornih odnosa i primjenjive metode transfernih cijena u ovisnosti o navedenom na konsolidiranu sadašnju vrijednost povezanih društava iz primjera. Uz navedeno, koristit će se i znanstvene metode analize dostupnih podataka, metoda sinteze i indukcije te metoda kauzalnog zaključivanja.

Abstract (english)

The thesis will analyze transfer prices and the importance of their application in modern business conditions and their impact on the maximization of shareholders' wealth. Namely, there are situations on the market where contractual relations between related companies operating in different tax jurisdictions can be regulated in different tax legitimate ways. Therefore, depending on how the contractual relations are arranged, the aforementioned affects the fact when which company and on which basis will pay profit tax and in what amount.
The aim of the thesis is to compare conceptually similar possible arrangements of contractual relations between related companies, i.e. the sale of software developed in Croatian and sold on the foreign market, in terms of how much cash flow is needed in the investment period and how much is generated in the return period, and thereby compare which of these tax-allowable methods maximizes the investor's wealth, i.e. the consolidated present value of the associated companies.
In this work, different sources and methods will be used to achieve the subject and defined goals of the work, but in addition to the review of existing literature, a study on transfer pricing will be made within the thesis, based on a specific example of the business of the company XY d.o.o. and on the basis of the aforementioned study, conclusions will be presented on the impact of the chosen arrangement of contractual relations and the applicable transfer pricing method depending on the aforementioned on the consolidated present value of the associated companies from the example. In addition to the above, scientific methods of analysis of available data, methods of synthesis and induction, and methods of causal inference will be used.

• Keywords: transferne cijene; sadašnja vrijednost poduzeća; metode definiranja transfernih cijena; maksimizacija vrijednosti poduzeća; povezana društva
• Keywords (english): transfer pricing; net present value; transfer pricing methods; value maximization; related companies
• Language: croatian
• URN:NBN: urn:nbn:hr:148:248345
• Study programme: Title: Business economics; Study programme type: university; Study level: integrated undergraduate and graduate; Academic / professional title: sveučilišni magistar ekonomije/sveučilišna magistra ekonomije (sveučilišni magistar ekonomije/sveučilišna magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to students and staff of home institution
• Created on: 2024-09-17 10:04:01