Supreme Court of Canada Rules for Glaxo Smith Kline in Transfer-Pricing Case

In a win for GlaxoSmithKline, the Supreme Court of Canada has brought some clarity to the accounting method of "transfer pricing," ruling unanimously that the Canadian government had to take into account more than just the market price of a product when assessing whether a company's transfer pricing was reasonable.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.americanlawyer.com/digestTAL.jsp?id=1202575750947&rss=newswire

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