Abstract: The purpose of the study is to explore and analyse the influence of transfer pricing on financial reporting in global tax from a theoretical point of view. Prior literature was used to develop a construct indicating the degree of focus on the concepts of transfer pricing, the modern way of transfer pricing way, the purpose of transfer pricing, the most common transfer pricing methods, determination and clarification as regards transfer pricing issues, the rules of transfer pricing and its future consequence and an overview transfer pricing in some selected countries. The results from literature review and an analysis of global tax in MNES show that some rules of transfer pricing as recommended by OECD provide the next conditions that a transaction must meet to fall below the transfer pricing principles. Multinational organizations can be of a very planned advantage by having a parent company (the head office) and venture/associates or subsidiaries operating in other countries/locations as a consolidated entity which linked companies (head offices and its associate/joint/a subsidiary) taking its activities in different states/nations. Given the exploratory nature of the research reported in this paper, there is an opportunity for further work on larger populations instead of reducing the scope to four countries (Australia, India, Malaysia and Kazakhstan) in order to confirm the generalizability of the findings. Also, this research has highlighted an association between the transfer pricing, financial reporting, global tax in MNEs and this requires further investigation in terms of confirming suggested cause and effect relationships. The existence of cross-border transactions in transfer pricing, the transaction takes place between two associated MNEs will be a subject of goods, services or any other thing with economic value. The existence of a link between a transfer pricing and financial reporting provides a potential route for making effective corporate policy on global tax for those looking to improve organizational performance through placing a greater emphasis on satisfying the MNEs. The absence of a link between transfer pricing and corporate tax incentives of transfer pricing reveals that manipulation in transfer price will minimize profits through sites worldwide. Transactions resulting from taxes and customs duties to provide an opportunity for multinational corporations may increase the liability of tax. The exploratory research in this study and panel study focuses on the link between transfer pricing and an area of global practices, namely, corporate tax in Multinational companies that has received limited attention in prior studies.