Transfer prices, what are they? How do they work? The transfer prices could be defined as the legal capacity that a company has to transfer the profits of a parent company to a subsidiary company (CFC) located in a tax haven or in a jurisdiction with a lower tax.
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Holding companies are legal and we could define them as entities that hold assets for the shares of other companies, the holding companies can have shares of offshore and onshore companies, they can operate all over the world and they are very sophisticated legal tax savings vehicles.
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Which banks are the largest in the world? The Asian giant once again leads the list of the world's largest banks in 2018 for its total assets.
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