<em><span lang="IN">This research aims to determine the effect of Tax, Tunneling Incentive, and Bonus Mechanism to Transfer Pricing Decision on Industrial Goods Consumption which listed in Indonesia Stock Exchange in the year of 2017 to 2019. The sample used in this research was obtained by using purposive sampling method and the regression model was tested by descriptive statistics analysis, multiple linear regression analysis, classic assumptions testing and hypothesis testing. The total amount of sample aggregated which based on predetermined criteria within this research are 12 industries with three years observation so the total amount of sample are 36 financial reports samples</span><span lang="EN-US">. </span><span lang="IN">The result of this research shows that partially Tax do not have any significant effect on Transfer Pricing, Tunneling Incentive do not have any significant effect on Transfer Pricing, and Bonus Mechanism do not have any significant effect on Transfer Pricing. Simultaneously Tax, Tunneling Incentive, and Bonus Mechanism do not have any significant effect on Transfer Pricing</span></em>