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Banana Co is a phone company headquarted in the U.S with subsidiaries in 120 countries. In 2022 it was found to have charged its subsidiary

Banana Co is a phone company headquarted in the U.S with subsidiaries in 120 countries. In 2022 it was found to have charged its subsidiary in New Zealand 15% higher than its subsidiary in Ireland for the same goods. What reason might best explain their transfer pricing strategy?

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