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TRANSFER-PRICING5 MIN READ

Hold the line on the tax-target margin

Explain why transfer-pricing margins cannot be set from a tax-rate target.

Dana D CFO 1 Acknowledge 2 Anchor 3 Offer levers Close pressure 20 sec Tax target request Dana wants Germany at 1 percent EBIT to support the quarterly ETR forecast. A tax-target margin can undermine the arm's-length file. 1.0% requested German EBIT 2.4-4.8% supported arm's-length range

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