Transfer pricing is described as:
A) the value added to goods and services.
B) selling goods overseas for less than what they are sold for in the exporter's home market.
C) goods which have been imported from another country and priced at twice what they were sold for in the exporter's home market..
D) the intercorporate pricing of sales to members of the corporate family.

Question

Quizplus · Accepted Answer

Transfer pricing refers to the practice of setting prices for goods and services sold between companies that are part of the same corporate family. This can be used to shift profits between different parts of the company and to minimize the overall tax liability.

Transfer Pricing Is Described As