Abusive Transfer Pricing – 1 – Groundswell in the 1990’s

 
 

Shipping Profits Offshore in Products

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: 

ATP_Binder_1 And… ATP_Binder_2 

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Genetically Engineered Fish Subject of FDA Hearings

Sept. 16, 2010 Thursday –  Update: 25 Fisheries Organizations sign on to letter to FDA:  GE-Letter_FishOrgs   Alaska Marine Conservation Coalition (AMCC) participated …
  
 

  

Picture by vectomega.com

 “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 

Groundswell quiet … gone fishing (yeah sure, ya betcha)

  
Groundswell goes quiet when the real work of dealing with federal law enforcement takes priority, or to put it another way, when we simply are “gone fishing.”  As in for sealord sharks.  Would that we’d be on our favorite Canadian lake fishing for trophy sized trout, instead.  But it’s been quite the summer, and we’ve been watching and working behind the scenes.  Don’t mistake the quiet for hesitation or disillusion. 
 
A lot of fish folks from around the country have learned not to hesitate or give up, because they now understand the economic and social harms of privatization of Alaska fisheries into catch shares – government giveaways to special interests. 
 
They are living by the lesson:
 
 “Hesitating in the face of evil is equivalent to siding with the enemy”

           – Marion Pritchard  

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