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The need to regulate transfer pricing is a subject of international importance due to the needs developed by international corporations. The Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations made a opinion paper on the transfer pricing system used by transnational companies as early as 1979, and in 1995 made a guidelines on transfer pricing for tax administrations and transnational companies. In the European Union, these operations have become widespread and generate significant losses of tax revenue, leading to an acute need for legislation to normalize these practices. In order to help countries where this issue is frequently encountered, the European Union has come up with a real solution, namely to adopt a common consolidated corporate income tax base. [ABSTRACT FROM AUTHOR]

According to Cooper et al. (2005) no two individuals are alike and differences in perceptions, attitudes, images and motivation have an important influence on travel decisions. From this point of view it is important for tourism managers to research and understand the way in which tourists make buying decisions. The tourism industry stakeholders need to act in relation to the tourists' desires and key motivation factors. The present paper focuses on a direct marketing research of the tourists' behaviour regarding the Romanian seaside destination. We investigated the tourist's motives in choosing Romanian seaside and their preferences for the transportation, accommodation and trips arrangements. The tourists' satisfaction levels related with the seaside characteristics were also investigated in our research. Last, but not least we evaluated the main sources of information that tourists took into consideration when choosing Romanian seaside. [ABSTRACT FROM AUTHOR]