000			01712nab a2200277 c 4500
999			_c145477 _d145477
003			ES-MaIEF
005			20220309132342.0
007			ta
008			220223t2021 ne ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_969602 _aEbeling, Felix
245		0	_aAre bonds suitable to determine arm’s length interest rates of intercompany loans and do intercompany loans have to be collateralized? _helectrónico _ban empirical investigation _c Felix Ebeling, Nik Nolden and Gregor Schneider
260			_c2021
500			_aDisponible únicamente el formato electrónico.
500			_aResumen.
520			_aA unique data set of more than 5,000 corporate bond and loan transactions between third parties was used to analyse two issues related to the arm’s length interest rate determination in practice. First the analysis presented in this article shows that the interest rate differences between the bonds and loans are statistically significant, but economically irrelevant. Second, when considering whether intercompany loans have to be collateralized, it can also be shown that unrelated parties too do not always agree on collateral. Moreover, within multinational groups, collateralization of intercompany loans would by no means appear to be compulsory based on economic theory.
650		4	_933462 _aBONOS
650		4	_932211 _aGRUPOS DE EMPRESAS
650		4	_948108 _aPRESTAMOS
650			_aINTERES _947502
650		4	_957949 _aPRINCIPIO DE PLENA COMPETENCIA
700	1		_969603 _aNolden, Nik
700	1		_969604 _aSchneider, Gregor
773	0		_9166755 _oITPJ/2021/6 _tInternational Transfer Pricing Journal _w(IEF)65014 _x 1385-3074 _gv. 28, n. 6, 2021
942			_cRE