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Everything Into It Cannery (Ell) is profitable. It sells canned food to its subsidiary Kitchen Pig Brewery (KPB), the latter company is loss-making. (The loss-making
Everything Into It Cannery (Ell) is profitable. It sells canned food to its subsidiary Kitchen Pig Brewery (KPB), the latter company is loss-making. (The loss-making company pays 0 corporate tax.) The table below contains the data: TC 16% Buying of goods 1000 Selling of goods 1300 KPB 16% 1300 1100 How much corporate tax could they spare jointly if the used transfer pricing? Select one: O a. 64 b. 48 O C. 32 d. 16
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