Appropriate valuation methodologies must be employed to allow affiliated companies’ use of intellectual property and other intangible assets to be adequately compensated through market-based licensing arrangements and fees.Transfer pricing is the practice by which the price or fee for use of an asset is established for transfer from one affiliated company to another. CONSOR’s Weston Anson and Chaitali Ahya discusses this process by way of examples, valuation methodologies, and appropriate fee structures.