Transfer Pricing
Transactions between a corporation and related parties are subject to potential adjustment by tax authorities. These adjustments may be applied to both U.S. and foreign related parties, and to individuals, corporations, partnerships, estates, and trusts.
Read more about this topic: Corporate Tax In The United States
Famous quotes containing the word transfer:
“No sociologist ... should think himself too good, even in his old age, to make tens of thousands of quite trivial computations in his head and perhaps for months at a time. One cannot with impunity try to transfer this task entirely to mechanical assistants if one wishes to figure something, even though the final result is often small indeed.”
—Max Weber (1864–1920)