level of management services

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19:24 Mar 7, 2018
English to Polish translations [PRO]
Bus/Financial - Economics
English term or phrase: level of management services
TRANSFER PRICING POLICY
Each entity invoices its own management services with a 4% mark‑up while the previous level of management services are only recharged at cost to the next level.

Proszę również o pomoc w zrozumieniu zdania.
anglistatlumacz
Poland
Local time: 22:42


Summary of answers provided
4zakres usług menedżerskich
Roman Kozierkiewicz
3poziom usług kierowniczych
Frank Szmulowicz, Ph. D.


Discussion entries: 1





  

Answers


6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
poziom usług kierowniczych


Explanation:
IMHO

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Note added at 6 hrs (2018-03-08 02:20:34 GMT)
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WHAT IS TRANSFER PRICING?

A transfer price is the price charged between related parties (e.g., a parent company and its controlled foreign corporation) in an intercompany transaction. Although intercompany transactions are eliminated when consolidating the financial results of controlled foreign corporations and their domestic parents, for tax purposes such entities are not consolidated (Sec. 1504(b)(3)), and the transactions are therefore not eliminated. Transfer prices directly affect the allocation of groupwide taxable income across national tax jurisdictions. Hence, a company’s transfer-pricing policies can directly affect its after-tax income to the extent that tax rates differ across national jurisdictions.

https://www.journalofaccountancy.com/issues/2013/oct/2013772...

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Note added at 7 hrs (2018-03-08 02:27:49 GMT)
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Any transfers of economic value among related parties must meet the requirements of Sec. 482. Not only does it apply to the transfer of tangible goods (e.g., a foreign manufacturing unit sells its output to a U.S. distributor, both owned by a U.K. parent company), but also to intercompany services performed. Provision of intragroup services (e.g., call center support, development of marketing plans, and legal and accounting services), intragroup financing, and the use of intellectual property legally owned by a particular group member are all examples of transactions subject to scrutiny under Sec. 482.

Determining a company’s transfer prices requires identifying where value is created in an organization and transferred across group members.

Frank Szmulowicz, Ph. D.
United States
Local time: 16:42
Native speaker of: Native in EnglishEnglish, Native in PolishPolish
PRO pts in category: 83
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18 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
zakres usług menedżerskich


Explanation:
Dictionary of Business Terms (II wyd.)

Roman Kozierkiewicz
Local time: 22:42
Specializes in field
Native speaker of: Native in PolishPolish
PRO pts in category: 388
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