Comparable uncontrolled price method,
Definition of Comparable uncontrolled price method:
A method used by the IRS to determine if the prices reported in a transaction are comparable with prices for similar tangible goods in an arms length transaction. This method relies on a direct comparison of prices and is applicable only when the goods are standard enough to be sold in an open market.
Meaning of Comparable uncontrolled price method & Comparable uncontrolled price method Definition
