As the global economy continues to suffer from recession and sluggish growth, countries are looking for ways to increase tax revenues. So it is no surprise that in 2012 transfer pricing remained a hot topic of conversation as government officials publicly condemned the tax practices of many large multinational corporations. While government officials admitted that many of these companies are complying with the letter of the law, they say corporations are abusing the spirit of the law. This article includes a brief summary of the trends in transfer pricing with a focus on the United States, the United Kingdom, and the Organisation for Economic Co-operation and Development (OECD).
Transfer Pricing: 2022 in review
Our work during 2022 spanned from assisting start-up companies expanding abroad for the first time to advising large multinationals on multibillion-dollar...