The arm’s-length standard in US and UK transfer pricing rules

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The arm’s-length standard in US and UK transfer pricing rules

In transactions between related entities across jurisdictions, transfer pricing rules act to allocate profits and losses in a fair and economically justifiable manner to best reflect revenues and costs of each party to the transaction. Bruce Clements and Alan Clements of Clements Law Office discuss the factors in applying the comparability approach in the US and the UK.

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