Transfer Pricing is a crucial yet intricate facet of international taxation, particularly relevant for businesses engaged in cross-border transactions.
“With the increase in globalization, TP has emerged as a significant area of concern for tax professionals, accountants, corporate entities, and business owners,” writes Kelly Bartow, Michael Bowman, CPA, and Kevin Croy, CPA in the November/December issue of CPA Voice.
Transfer Pricing pertains to the rules and methodologies for establishing prices for transactions between associated enterprises, generally within a multinational corporation, the article states.
Read the entire article available now in the November/December CPA Voice.
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