Transfer Pricing
Transfer pricing is about determining fair market value for internal corporate transactions, meaning the exchange of good, services, or assets amongst related entities. Transfer pricing strategies aim to minimize tax liability, identify tax advantageous opportunities, and survive tax authority scrutiny. Examples of transfer pricing include:1. The sale of goods between a subsidiary manufacturer and a subsidiary distribution.2. the provision of technical support between related entities.3. The licensing of intellectual property, like trademarks or patents, to related entities.
Authorities For Further Research(i) Internal Revenue Code at Section (IRC) 482
(ii) Organization for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises (MNEs) on Responsible Business Conduct
(iii) Country Specific Tax laws & Regulations
International, Federal, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, D.C., Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, Puerto Rico Request new area
