Episode 128: Transfer pricing, transparency, and what comes next

October 13, 2026

Kristina Novak and John Cianfrone sit down with former PwC principal David Ernick to reflect on the evolution of transfer pricing. David discusses his career at the US Treasury Department and PwC, including his experience representing the United States at the OECD’s Working Party No. 6, the impact of BEPS 1.0, and the rise of public country-by-country reporting (CbCR). They also examine the limitations and compliance challenges of public CbCR, potential transfer pricing pressures from AI-driven profits, and what may lie ahead for the field.





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Ian Dykes

Ian Dykes

Global Transfer Pricing Network Leader, PwC United Kingdom

Tel: +44 7803 149718

Kristina Novak

Kristina Novak

Washington National Tax Services, Transfer Pricing, Principal, PwC US

Tel: +1 (469) 878-4552

John Cianfrone

John Cianfrone

Washington National Tax Services, Transfer Pricing, Director, PwC US

Tel: +1 (646) 951-7680

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