Can you rephrase this: Illegal price transfer and allocation of income refer to practices employed by multinational corporations (MNCs) to manipulate their financial transactions and shift profits to low-tax jurisdictions, thereby reducing their overall tax liabilities, illegal price transfer involves setting prices for goods, services, or intellectual property exchanged between related entities within the MNC at artificially high or low levels, deviating from the arm's length principle

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Illegal price transfer and income allocation involve tactics used by multinational corporation... View the full answer