How to Develop the Right Transfer Pricing Strategy for Your Business

At a glance Take action before you do business abroad: From startups interested in expanding internationally to established multinational enterprises, transfer pricing planning is a necessity for every business with cross-border transactions. Impact on your business: Not only can transfer pricing planning help you meet the IRS’s regulatory requirements, but it can also help you…

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Double Edged Sword – International Taxation Proposals Under The Recent Build Back Better Act May Result in Increased Tax and Compliance Challenges

At a glance The main takeaway: The latest version of the Build Back Better Act (BBBA), if passed, will modify the cross-border provisions enacted with the Tax Cuts and Jobs Act in 2017 (TCJA). Some of these changes may benefit certain taxpayers with cross-border income and activities, while others will see tax increases resulting from fewer…

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Transfer Pricing and COVID-19 – Time to Re-Examine Your Policy

At a Glance Multinational Companies Beware: Economic impacts from COVID-19 may require a new transfer pricing policy to avoid future penalties. Impact on Your Business: Companies using profits-based transfer pricing methods will be affected the most. Next Steps: You need to take immediate action to determine if your current transfer pricing is defensible or if you need a…

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Treasury Issues Regulations that Discourage Tax Inversions

Controversial regulations restrict earnings stripping REGULATIONS DISTINGUISH BETWEEN DEBT AND EQUITY On Oct. 13, 2016, the U.S. Department of Treasury and the Internal Revenue Service (IRS) issued controversial final regulations to address earnings stripping. This action will further reduce the benefits of corporate tax inversions, level the playing field between U.S. and non-U.S. businesses and…

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