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.
Insights: Transfer pricing is not just an international issue
In this issue of Insights, we discuss how states are seeking additional ways to collect revenue, including transfer pricing audits. This is particularly...