However, agencies may engage in transactions that are not addressed by these standards.
Where connected persons engage in transactions between themselves it may be necessary to consider transfer pricing implications.
He engaged in risky transactions which resulted in the loss of $150,000.
"At no time did we engage in transactions that we thought were improper," he added.
Real estate experts here say many developers create project companies and engage in related-party transactions, partly for tax reasons.
You'll no longer have retailers whose main attraction is their ability to engage in tax-free transactions.
There's every reason to believe they've broken laws, engaged in activities and transactions prohibited by their respective governments.
As an illegal entity, it cannot hold a meeting or engage in transactions.
Such crime reduces willingness to engage in commercial transactions.
But it raises new concerns for thousands of companies engaged in cross-border transactions.