Unlike a prospective customs valuation review, a customs transfer price revision is a retroactive examination of previously cleared shipments to verify whether intra-group declared values conformed to the arm's-length principle during past periods.
Source: https://www.oecd.org/tax/transfer-pricing/
Tools that match this term
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.