Comparable uncontrolled transaction (CUT)

Comparable uncontrolled transaction (CUT),

Definition of Comparable uncontrolled transaction (CUT):

  1. A method used by the IRS to determine if prices reported for intangible property are comparable to prices for similar property in arms length transactions. Intangible property includes such things as patents, processes, designs, copyrights, and trademarks.

Meaning of Comparable uncontrolled transaction (CUT) & Comparable uncontrolled transaction (CUT) Definition