Which of the Following Is False Concerning Canada Revenue Agency's

Multiple Choice

Which of the following is False concerning Canada Revenue Agency's published position on transfer pricing?

A) The Canadian taxpayer is expected to pay a fair price for goods and services purchased from non-resident affiliates.
B) The Canadian taxpayer is expected to pay at least a fair price for goods and services purchased from non-resident affiliates.
C) The Canadian taxpayer is expected to report taxable income based on having paid at least a fair price for goods and services purchased from non-resident affiliates.
D) The Canadian taxpayer is expected to report taxable income based on having received no more than a fair price for goods and services sold to non-resident affiliates.
E) The Canadian taxpayer is expected to report taxable income based on having paid no more than a fair price for goods and services purchased from-resident affiliates.