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Bridging differences between subsidiaries and headquarters.
Global banks could, for instance, use Bitcoin-like systems to move money between subsidiaries.
Over 60% of international trade now takes place between subsidiaries within transnational groups, according to the OECD.
He found no evidence that the Kings hid revenue through transfer payments, a legal bookkeeping tactic that shifts money between subsidiaries of a company to decrease tax exposure.
Another amendment adopted Monday mostly reversed a 20percentt excise tax levied on certain transactions between subsidiaries of multinational corporations — largely creating the $74 billion hole.
Countries are urged, for instance, to tighten rules on "transfer pricing" of transactions between subsidiaries in different countries; or to strengthen their "general anti-avoidance rules".
Similar(37)
We document a significant positive relation between subsidiary earnings and future forecast errors of consolidated earnings.
Prior research finds a positive relation between subsidiary earnings and future stock returns in Japan, indicating that investors underestimate the persistence of subsidiary earnings.
While there is widespread consensus on this general goal, most major planning decisions involve trade-offs between subsidiary objectives and thus frequently involve conflict.
Ambiguities are most likely to arise between subsidiary processes.
Within the private sector, a distinction was made between subsidiary farms, producing mainly to satisfy family needs, and private farms, producing not only for personal use but also for the market.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com