Published: March 10, 2020
Last Updated: April 16, 2020
The Canada Revenue Agency (Canadian tax department) can assess transfer pricing penalties on cross border transactions if they adjust transfer prices to comply with arm’s length prices.
Disclaimer:
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."
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