Understand important international issues that arise in transfer pricing.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Understand important international issues that arise in transfer pricing.
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Step 1
Transfer pricing:
Transfer pricing refers to the setting of prices for goods and services that are bought and sold between a controlled or related legal entity within an organization. When a subsidiary company sells goods to the parent company, the cost of such goods paid by the parent to the subsidiary is referred to as the transfer price.
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