Glossary entry (derived from question below)
English term or phrase:
transfer pricing
Lithuanian translation:
pervedimų kainodara
Jan 16, 2002 23:35
22 yrs ago
English term
transfer pricing
Non-PRO
English to Lithuanian
Bus/Financial
financial tax term
Proposed translations
(Lithuanian)
4 | pervedimų kainodara |
Valentinas & Halina Kulinic
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Proposed translations
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Selected
pervedimų kainodara
transfer pricing: A device used by affiliated companies to take advantage of differing tax rates in different countries. On transfers between the affiliates, a high price is charged to the affiliate in the high tax state so that it will have a small profit; and a low price is charged to the affiliate in the low tax state so that it will have a large profit. The result for the worldwide operation is a net taxsavings.
Reference:
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