As long as different tax systems and rates exist. There will always be an Ireland or a Luxembourg who look to stimulate their economy and groups of other players (EU) who try to keep them from doing so. When will countries around the world follow uniform tax codes? Never. We live in a geopolitical environment of rationally behaving, and therefore, profit maximizing players who have no incentive to coordinate with each other. The beauty of transfer pricing is that it will always be around. Since BEPS, we have seen a huge increase in TP work for my firm - the complexities of BEPS adds just another layer onto our planning capabilities and has required MORE studies and works for pretty much every global company. To say that there's no brainwork - perhaps he just means you don't solve for X. For those of us who are gifted in both, transfer pricing is a fantastic blend of both science and art where you stretch your mind's creativity and solve extremely complex problems for businesses. Many of us Economists aren't as naturally gifted in the art department. Transfer pricing is a science and an art. This guy who said it, probably sits in his parents basement doing differential equations all day. Transfer pricing is not a dying industry. As far as getting fired for not working enough.yea you have to work, what job don't you have to work? Hours are generally decently long (50+) but also very flexible, in that you can come and go as you please as long as youre getting your work done and generating revenue.ġ. Decent bullet on a resume and if you excel you can do very well financially. I think most people don't start with a big 4 for the amazing upfront salary though. I would imagine the starting range this year could go anywhere from 90-110k depending on location and negotiation ability. It is a viable option for those who failed the academic market.īig difference between 40 and 60 hrs/weekĪnd flexibility can simply mean you are tied to your phone. I get to live somewhere of my choosing with opportunities for my spouse, I get a nice raise every year, life isn't too bad if you can handle the shame of not doing research. Make more $ than some and less than others. Occasionally the work is engaging, occasionally it is boring. Busy season 60 wouldn't be that far off, off season 40 is realistic.Īt the end of the day I look at like this: the pay is good not great, the hours are reasonable but not great. It is true there is a big difference between 40 and 60.
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