EYUS IRS representatives say IRS will evaluate transfer pricing documentation and method when deciding on penalties
|Tax Alerts, Transfer Pricing, Transfer P ...|United States
IRS representatives have recently addressed the IRS's current approach to asserting penalties in transfer pricing cases, saying that both the documentation and method of transfer pricing must pass muster.
On September 18, 2024, Michelle Ng, IRS Office of Associate Chief Counsel (International) attorney, said that taxpayers should consult IRS FAQs on transfer pricing documentation so they can unders…
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