A Transfer Price is a controlled price between related firms that is charged for a product or service. When the transaction fails to follow acceptable “arm’s length pricing” principles, and varies from a “comparable, uncontrolled price” to such an extent that it violates established tax codes, it can be termed an “Abusive Transfer Price” (ATP). The PDF file below contains pages from Groundswell’s earliest efforts to resolve problems of such profit-shifting across international borders between “host nation” U.S. subsidiaries of foreign-controlled corporations (FCC) whose parent firms are domiciled in Japan or Korea, their home nation.
TRANSFER PRICING basic diagrams & articles – for you to read in support of the primary discussion below:
“FDA Considers Approval of GE Salmon–the First GE Food Animal –Yet Fails to Inform the Public of Environmental and Economic Risks.”
Please Get Involved! Go to www.ge-fish.org Deadline for letters is this Wednesday at 9 pm Pacific time. Organizations may contact Heather Whitehead, True Food Network Director, THE CENTER FOR FOOD SAFETY – to let the Center know which letter(s) to sign your organization(s) on to.
“On August 25, 2010, U.S. Food and Drug Administration (FDA) officials announced their process for making a decision on an application relating to the first genetically engineered (GE) animal intended for human consumption, the AquAdvantage Salmon produced by AquaBounty Technologies (Docket No. FDA-2010-N-0001). … Genetically engineered fish pose serious risks to wild populations of fish and our marine environment. Each year millions of farmed salmon escape from open-water net pens, outcompeting wild populations for resources and straining ecosystems.”
Groundswell Letter to Center for Food Safety: GE-Salmon-CFS-Sept2010
– Marion Pritchard