* providing countertrade, offsets, or counterpurchases
to secure large purchases.
The arrangements take two general forms - bartering and linked transactions, the latter being made up of counterpurchases, buybacks, and offsets.
Counterpurchases from Russian establishments are often for natural resources, e.g., oil, natural gas, timber, precious metals, or vodka.
are similar to offset arrangements.
Subsidiary #1 sells those goods, counterpurchases local sourced food stuffs, and ships those goods to Subsidiary, #2 located in Germany.
At Point of Counterpurchase. If revenue is not recognizable at the point of the original sale for the parent corporation, does the completing of the purchase requirement fulfill the revenue recognition criteria?