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Transfer Pricing Cuts Billions Off Multinationals' Taxes
MoneyRainmaker
post Apr 13 2010, 10:01 AM
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Transfer pricing is one big reason for the dramatic variation in effective tax rates, Forbes emphasized recently. Prime example: Kroger, which focuses on a domestic market, pays a 36 percent tax ,while internationally focused Hewlett-Packard has an overall tax rate of 18.6 percent.

credit: BusinessFinance


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