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 $20.1 million in Finland and $60.1 million in the United States exclusive of the costs of any goods transferred from Finland. Revenues in the United States are $151 million.

If the metal were purchased from one of the company?s U.S. forging divisions, the costs would be $30.1 million. However, if it had been purchased from an independent Finnish supplier, the cost would be $40.1 million. The marginal income tax rate is 60 percent in Finland and 40 percent in the United States.

Required:

What is the company?s total tax liability to both jurisdictions for each of the two alternative transfer pricing scenarios ($30.1 million and $40.1 million)?(Enter your answers in dollars and not in millions of dollars.)

Trans Atlantic Metals has two operating divisions. Its forging operation in Finland forges raw metal, cuts it, and th Division uses the metal to produce finished gears. Operating expenses amount to $20.1 million in Finland and $60.1 million transferred from Finland. Revenues in the United States are $151 million. If the metal were purchased from one of the company's U.S. forging divisions, the costs would be $30.1 million. H supplier, the cost would be $40.1 million. The marginal income tax rate is 60 percent in Finland and 40 percent in the Unite What is the company's total tax liability to both jurisdictions for each of the two alternative transfer pricing scenar Transfer Price 30.1MM 40.1MM Total Tax Liability - raw metal, cuts it, and then ships it to the United States where the company's Gear in Finland and $60.1 million in the United States exclusive of the costs of any goods would be $30.1 million. However, if it had been purchased from an independent Finnish and 40 percent in the United States. ve transfer pricing scenarios ($30.1 million and $40.1 million)