What the US Senate heard about offshore profit shifting

What the US Senate heard about offshore profit shifting

Rebel Curd
Transfer Pricing

In keeping with the recent trend of scrutinizing transfer pricing, the US Senate’s Permanent Subcommittee on Investigations conducted a hearing on “Offshore Profit Shifting and the US Tax Code” on September 20, 2012. This article discusses the hearing, which examined the shifting of profits offshore by US multinational corporations. It was originally published in TP Week. Click here to read.

TP Week