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Whereas appropriate transfer pricing of tangible goods can be established by comparison with prices charged for similar goods to unrelated parties, transfer pricing of intangible goods, products of intellectual efforts, rarely has comparable equivalents. Transfer prices then have to be established based on expectations of future income. [16]
Indonesia has blocked search engine website Yahoo, payments firm Paypal and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash ...
The allegations centre around "cover pricing", in which firms secretly agreed the prices they would submit during a tender process. A firm that did not want to win the contract would submit a price that was much too high. In some cases, the eventual successful bidder would then reward them with a secret payment.
Company Platform Location 2C2P: Online, POS, mobile: Singapore: Adyen: Online, POS, mobile: Global, headquarters in the Netherlands: Alipay: Online, POS, mobile ...
Transfer pricing adjustments have been a feature of many tax systems since the 1930s. The United States led the development of detailed, comprehensive transfer pricing guidelines with a White Paper in 1988 and proposals in 1990–1992, which ultimately became regulations in 1994. [33]
Today, PayPal's market cap stands around $65 billion, amid slower growth and rising competition from newer entrants such as Robinhood , Affirm , and Coinbase , and legacy payment brands like his ...
The Fund Transfer Pricing (FTP) measures the contribution by each source of funding to the overall profitability in a financial institution. [1] Funds that go toward lending products are charged to asset-generating businesses whereas funds generated by deposit and other funding products are credited to liability-generating businesses.
In 2007, ALTO expanded its business to money transfer operations. In 2009, ALTO developed Mobile Air Time Top Up for all telecommunication providers in Indonesia. In November 2013, ALTO made a joint venture with Seven Bank, a Japanese ATM network, named PT. ATM. The goal is to developing ATM business in Indonesia.