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Controlled party transactions: Intangible and tangible property transfers—at arm's length
Author(s) -
Knight Ray A.,
Knight Lee G.,
Sutton Barbara J.
Publication year - 1992
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.3970040209
Subject(s) - transfer pricing , property (philosophy) , benchmark (surveying) , business , transfer (computing) , commerce , industrial organization , microeconomics , computer science , economics , finance , operating system , geography , philosophy , geodesy , epistemology , multinational corporation
Intercompany transfer pricing has long been a bone of contention between taxpayers and the IRS. But proposed regulations now define the arm's‐length standard used as a benchmark. The authors show how to apply it to determining income in intercompany transactions for tangible and intangible property transfers.