It is a uniform, worldwide precept that dealings between units of the same multinational organization must be based on market values.

Name: It is a uniform, worldwide precept that dealings between units of the same multinational organization must be based on market values.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is known as the arm's length principle, and it is widely accepted as a means of ensuring fairness and avoiding transfer pricing abuses within multinational corporations.

It Is a Uniform, Worldwide Precept That Dealings Between Units