Cross-Border Transaction

A Cross-Border Transaction involves business activities between entities in different countries. This includes the sale of goods, services, financial exchanges, data transfers, and intellectual property movement across international borders.

For example, major cross-border activities include:

• Selling televisions from Japan to the United States.
• Providing consultancy services from India to Germany.
• Conducting financial transactions between banks in the United Kingdom and Canada.
• Transferring software licensing rights from the United States to Australia.