Designed, implemented, documented, and defended intercompany prices for a multinational consumer products company based in the US, including the appropriate royalty for the use of intangible property, tangible property transfers, and compensation for intercompany services. Also provided ongoing coordination of advice with international tax support provided by outside advisors.
US Tax Court favors unspecified method to determine royalty rate
The first US transfer pricing court decision of 2022 was published on Thursday, August 18, 2022, specifically Medtronic, Inc. and Consolidated Subsidiaries v....