Transfer pricing is what the company charges for transfers within the company. It is a bookkeeping cost of goods transferred across national borders.

Question

Quizplus · Accepted Answer

Transfer pricing refers to the practice of determining the value of goods or services that are transferred between different units or divisions of a company, often located in different countries. It is not a bookkeeping cost, but a method used by multinational corporations to allocate profits and reduce tax liabilities.

Transfer Pricing Is What the Company Charges for Transfers Within