A customs transfer pricing benchmark is a reference standard used to verify whether prices applied between related companies in cross-border trade satisfy the arm's-length principle and are therefore acceptable as a customs value.
Source: https://www.oecd.org/tax/transfer-pricing/transfer-pricing-guidelines.htm
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.