Transfer Pricing: Basic Principles, Classification and Pricing Rule| Cost Accounting

In this article we will discuss about:- 1. Transfer Pricing- Basic Principles 2. Classification of Transfer Prices 3. General Transfer Pricing Rule 4. International Transfer Price and Tax Considerations 5. Summary. Transfer Pricing- Basic Principles: Transfer price is defined as 'The price at which goods or services are transferred from one process or department to another or from one member [...]