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Intercompany transaction |
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Intercompany transaction Transaction carried out between two units of the same corporation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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4 The IRS has informally said that (a) companies with intercompany transactions in excess of USD 5 million can expect to have an IRS international examiner review their intercompany transactions and (b) companies with sales in excess of USD 10 million can expect to have an IRS economist review their intercompany transactions. Web-based control of just-in-time transactions between multiple facilities and subsidiaries of the same company is provided by a new Intercompany Transaction (ICT) software module for the EnterpriseIQ to price, describe and defend their intercompany transactions. |
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