Transfer pricing adjustment - advance to subsidiary - even ...
Loan to Subsidiary at 247 Basis Points Above LIBOR Confirmed as Arm's Length, Despite Higher Market Rates.
February 7, 2016
Case Laws Income Tax AT
Transfer pricing adjustment - advance to subsidiary - even though this interest rate could reach upto 400 basis points in some cases, there cannot be any good reason for holding that loan advanced to a subsidiary at 247 basis points above the LIBOR rate is not at an arm’s length price. - AT
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