In the forty-fourth episode of BRD Meaning Matters, we delve into the strategic use of transfer pricing to manage and reduce income taxes. Drawing insights from "The New CFO Financial Leadership Manual" by Stephen M. Bragg, we discuss how setting prices for transactions between related entities within a multinational company can significantly impact tax liabilities. Learn about key strategies such as the arm’s length principle, strategic profit allocation, cost-sharing arrangements, intellectual property management, and more. Tune in to understand how to leverage transfer pricing effectively while ensuring compliance and maximizing tax benefits.