Agosto, 2003
Transfer Pricing Pitfalls and How to Avoid Them

Recent trends on the international tax scene regarding the Internal Revenue Service (IRS) are clear: transfer pricing is a major of source of lost income for them when prices are not set at an arm’s length standard.

The IRS is looking to recoup these losses and imposes a 20 to 40 percent penalty added to the assessed tax against companies in violation of the IRS’ transfer pricing regulations.