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Transfer Pricing Methodologies – Profit Split Method

John is an insurance agent. In a bid to increase his sales, he approached his friend Peter who was a Doctor and asked him to introduce John to Mr Black, a rich businessperson who happened to take routine services from Peter. Peter agreed and…

Transfer Pricing Methodologies – Cost Plus Method

One of the exciting events in a track and field sports is a relay race. Members of a team one after the other complete a part of the racecourse and pass a baton to the other team member. The other team members do the same until the baton reaches…