Processing...
Continue shopping Go to cart

India - Foreign Exchange Fluctuation and Computation of the Profit Level Indicator: Conflict between Principles of Accounting and of Transfer Pricing

Country:
India
Author:
A. Korde
Issue:
International Transfer Pricing Journal, 2017 (Volume 24), No 1
Published:
15 December 2016
This article discusses the issue as to whether foreign exchange gain or loss should be considered when computing the profit level indicator of the tested party and of comparable companies. The author concludes that it might be better to not include foreign exchange fluctuation in this computation because of the conflict between accounting principles and transfer pricing principles.
 
Order Article