Assignments
1. what the functional currency for Johnson& Johnson
2. Research your JOHNSON&JOHNSON and report on any major issue(s) of international taxation that is (are) addressed in this chapter. Post this assignment in the chapter conference.
3. Discuss how your JOHNSON&JOHNSON handles transfer pricing.
Topics of discussion can include but are not limited to: Are transfers from a subsidiary to its parent (upstream)? From the parent to a subsidiary (downstream)?
Or from one subsidiary to another of the same parent?
Transfer pricing methods?
What are the objectives of your JOHNSON&JOHNSONs transfer pricing practices?
What law(s) govern your JOHNSON&JOHNSONs practices?
What method is used?
The enforcement of transfer pricing regulations in the country where you JOHNSON&JOHNSON is located?