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Can someone please help me with this question? Trans Atlantic Metals has two operating divisions. Its forging operation in Finland forges raw metal, cuts it,

image text in transcribedCan someone please help me with this question?

Trans Atlantic Metals has two operating divisions. Its forging operation in Finland forges raw metal, cuts it, and then ships it to the United States where the company's Gear Division uses the metal to produce finished gears. Operating expenses amount to $20.8 million in Finland and $60.8 million in the United States exclusive of the costs of any goods transferred from Finland. Revenues in the United States are $158 million any go If the metal were purchased from one of the company's U.S. forging divisions, the costs would be 530.8 million. However, it it had been purchased trom an Independent Finnish supplier, the cost would be $40.8 million. The marginal income tax rate is 70 percent in Finland and 30 percent in the United States n the Required: What is the company's total tax liability to both jurisdictions for each of the two altemative transfer pricing scenarios ($30.8 million and $40.8 milion)? (Enter your answers in dollars and not in millions of dollars.) 30.8 million 40.8 million Total tax liability

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