Risk of an adjustment being made by the irs

Reference no: EM133612355

Question: Assume that Davis company determines the comparable uncontrolled price method to be the best method for purchases of product X from its wholly owned Chinese subsidiary. Four comparable uncontrolled transactions are identified with prices of $7, $8, $9, and $10. What is the range of prices that Davis company can purchase product X from its Chinese subsidiary without the risk of an adjustment being made by the IRS?

Reference no: EM133612355

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