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  1. Open-Bank Protocols

Transfer Pricing

This page describes the Transfer Pricing Protocol of the Open Treasury.

This open-bank protocol covers the general governance layer for controlled transactions between Fiscal Hosts, in the case of verified members of the Open Constitution AI Network E-tenancy for the benefit of the affiliated beneficiaries.

Transfer pricing is non-contextual for the exchange of values between E-residents.

Transfer Pricing Protocol requires adherence to other Open Protocols at all times and is generally undertaken at arm's length. No subsidy or discount is allocated to any transfer pricing.

A. Each case using Transfer Pricing protocols should also ensure protocol compliance by Fiscal Hosts with: 1. DTAA compliances

2. VAT compliances

B. Each case using transfer pricing protocols should ensure that the monetary benefit in value of the controlled transactions is above(read includes) any case processing cost.

C. Each case using transfer pricing protocols should ensure that the socio-economic benefit in value of the "controlled transactions" is directed at a majority of the population size of the foundation (more than 50%).

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Last updated 1 year ago

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