noun
a method used by multinational companies to determine the prices at which they buy and sell goods and services among their subsidiaries
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The company implemented a new transfer pricing policy to ensure compliance with international tax regulations.
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The company had to figure out how to price transfers to meet tax rules.
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The company had to juggle prices to avoid getting in trouble with the taxman.
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Setting transfer pricing is like walking a tightrope to balance profits and taxes.