Georgia § 10-1-252 - Reasonable transfer price.
Full text of Georgia Official Code of Georgia Annotated § 10-1-252 — Reasonable transfer price., with citation guidance and answers to common questions.
§ 10-1-252. Reasonable transfer price.
For the purposes of this article, a transfer price from a related entity to a person is reasonable (1) if it is the same or greater than the price that such related entity contemporaneously charges unrelated persons at the same level of distribution and in the same geographic area as the person for a similar volume of product of like grade and quality or (2) if it is arrived at by including all uniform costs imposed upon purchasers in the operation of the retail business as determined pursuant to generally accepted accounting principles. (Code 1981, § 10-1-252 , enacted by Ga. L. 1985, p. 458, § 1.)
Frequently Asked Questions About Georgia § 10-1-252
What does Official Code of Georgia Annotated § 10-1-252 cover?
Section 10-1-252 ("Reasonable transfer price.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 10-1-252?
A common citation format is "Official Code of Georgia Annotated § 10-1-252" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 10-1-252 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.