Anil Bagaria (39 Points)
10 December 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 10 December 2020
In other words, transfer pricing is the price which is paid for goods or services transferred from one unit of an organization to its other units situated in different countries (with exceptions). Transactions subject to Transfer pricing.
There will be impact on other economies eg
India company manufactures a product at 125 and sells to USA company, if the price of outside product is 150, then 25 profit was made.
Similarly, these transfer pricings are done between divisions and parent companies to maximise profits. Internal pricing is what it is like. They are also subject to currency risk where purchasing goods from India Parent becomes more and expensive when purchasing power parity is more, the PARENTS receivables will be expensive to the USA company. Then it will choose next best option.
Anil Bagaria
(39 Points)
Replied 10 December 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 10 December 2020
I am not an expert but lots of resources available on line about transfer pricing laws. I found this somewhat relevant, an agreement between India - US
Anil Bagaria
(39 Points)
Replied 10 December 2020
Need proper consultant whi can handle the us taxation
ayusmita
(Tax consultant)
(5885 Points)
Replied 10 December 2020
Mr. Bhandari
(88 Points)
Replied 14 December 2020
Certification Course on GSTR-3B Reconciliation with GSTR-2B through Chat GPT
CAclubindia
