149 Control w it h fairness in transfer pricing A transfer price is useless unless unit managers feel they are being treated fairly while top management retains control Robert G. Eccles It seems straightforward on the face of it: when a unit in a company sells a product to another unit‚ it ought to charge a fair price. That price may be based on what it cost to make the product‚ or on the market price of the product‚ or on some combination of these two. But as most managers
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In a newspaper article “Eco-tourism: It’s not easy being green”[1] dated in June‚ 2007‚ the author criticizing there are still ecological damages‚ especially the effect to the wild animals that accompanies the eco-tourism. It says‚ Eco-tourism‚ generally defined as “responsible travel to natural areas that conserves the environment and improves the welfare of local people”‚ is often misunderstood. And most of the travelers‚ even they are concerned about the environment of the places they visit
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Recently‚ Indian government adopted a multi-pronged approach for promotion of tourism‚ which includes new mechanism for speedy implementation of tourism projects‚ development of integrated tourism circuits and rural destinations‚ special capacity building in the unorganized hospitality sector and new marketing strategy. A nation wide campaign‚ for creating awareness about the effects of tourism and preservation of our rich heritage & culture‚ cleanliness and warm hospitality through a process
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travel agents aand its effectiveness CONCEPT OF TOURISM INTRODUCTION AND BACKGROUND OF TOURISM Tourism‚ as an industry has emerged as an instrument for employment generation‚ poverty alleviation and sustainable human development. Tourism promotes international understanding and gives support to local handicrafts and cultural activities. It is an important segment of the country’s economy‚ especially in terms of its contribution towards foreign exchange earnings‚ generation of additional income
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Western Regional Chapter of International Fiscal Association –Indian Branch Transfer Pricing Problems‚ Strategies and Documentation Recent International Case Law on Transfer Pricing by Nishith Desai The Taj Mahal Hotel‚ Mumbai January 21st & 22nd 2002 Nishith Desai Associates 2 TRANSFER PRICING Content I. II. Introduction History III. Select International cases US Cases 1. 2. 3. Compaq Computer Corporation V. Commissioner DHL Corporation and Subsidiaries V. Commissioner Texaco
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The tourism industry often needs a various range of information to satisfy and attracts its consumers and most of this information is delivered promptly to the customers with the help of the information and communication technologies (Poon‚ 1993). And as result‚ the global tourism industry is rapidly changing and the information and communication technologies ( ICTs) such as the internet is altering the structure of tourism industry and how it market his products and conducts its promotion. In order
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TO WHAT EXTENT HAS THE INCREASED AVAILABILITY AND ACCESSIBILITY OF INTERNATIONAL TRAVEL HAD AN IMPACT ON MODERN SOCIETY? In the last thirty years different societies have experienced a considerable number of changes in customs‚ beliefs and communication methods‚ citizens from Asia‚ America and Europe were more attracted to international travel and destroyed the frontiers paradigm creating an interlinked world. Currently‚ some international institutions such as the European Union‚ the Organisation
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Chhattisgarh Tourism Board appoints 20:20 MSL as strategic communications partner By Supreeth Sudhakaran on Oct 19‚ 2011 filed under Advertising‚ India A nationwide engagement campaign will be spearheaded by 20:20 MSL’s Noida office inShare Comment Now [pic] 20:20 MSL has been appointed by Chhattisgarh Tourism Board as its strategic communications partner in India. The agency will work with Chhattisgarh Tourism Board to build awareness of the region as a key Indian tourist
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Introduction Hospitality Industry is dynamically growing in the recent years‚ not only in the number of tourist but also the number of it’s different fields. One of these is the expansion of Travel Agencies. Travel Agency is one of the service intensive industries and indispensible among the tourism business. But what is the specific role of travel agency in the hospitality industry and how does it affect the whole industry. Travel Agency is defined as a retail business selling travel-related products
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The UK Inbound Tourism IndustryIntroduction:Tourism is seventh of the largest industries in the UK‚ worth £74 billion to the UK economy. There are currently 2.1 million jobs in the industry. Within the inbound Tourism to the UK‚ 30 million overseas visitors who came in 2005 spent £14 billion on holidays 2005 was a record year for UK inbound tourism both in terms of volume and value. The UK ranks fifth in when compared international tourism earnings league behind the USA‚ Spain‚ France and Italy.
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