Valuation
Transfer pricing (customs)
Price between related parties that may be questioned by customs if it does not reflect market conditions, applying alternative valuation methods.
Price between related parties that may be questioned by customs if it does not reflect market conditions, applying alternative valuation methods.
Price between related parties that may be questioned by customs if it does not reflect market conditions, applying alternative valuation methods.
Related parties (valuation)
Persons linked by corporate control or kinship in an international sale. Their existence does not automatically invalidate transaction value but triggers additional verification.
ValuationRelated party relationship (valuation)
Special relationship between buyer and seller that may influence price. Customs may question transaction value if it differs from arm's-length transactions.
ValuationTransaction Value
The price actually paid or payable for imported goods, adjusted as prescribed by the WTO Valuation Agreement. It is the primary method for determining customs value.
ValuationCustoms Valuation Method
A procedure established by the WTO Valuation Agreement for determining customs value, applied hierarchically: transaction value, identical goods, similar goods, deductive, computed, and fallback.