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Please discuss whether taxing Revenue instead of Profit will solve the Transfer Pricing issue. You must elaborate your answer with appropriate analysis and justification. Required:

Please discuss whether taxing Revenue instead of Profit will solve the Transfer Pricing issue. You must elaborate your answer with appropriate analysis and justification. Required: Note Please use the following four (4) steps to answer this question: 1. Identify the facts 2. Identify the relevant Tax Laws and cases or other key Tax sources 3. Apply the relevant laws and cases to the facts 4. Provide a conclusion

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