Question

describe the administration of transfer pricing​

Answer 1

Answer:

Transfer pricing is an economic term, which refers to the valuation process for transactions between related entities. It is defined as “the amount charged by one segment of an organization for a product or service that it supplies to another segment of the same organization”.

Explanation:

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Answer 2

Answer:

APA is a dispute prevention facility where IRAS and the taxpayer or relevant tax treaty partner agree in advance a set of criteria to ascertain the pricing of a taxpayer's related party transactions for a specific period of time. APAs can be agreements between: IRAS and the taxpayer (unilateral APA);

Explanation:

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