Overview
The phenomenon of increasingly global business enterprises with valuable intangible property exposes companies to transfer pricing enforcement by different countries around the world. In light of the high-dollar risks presented by these increased enforcement efforts, the complexity of the ever-changing, inherently uncertain transfer pricing standards, and the continually evolving business models of businesses adapting to the constantly changing global economy, companies need practical guidance to permit them to develop and defend their transfer pricing strategies.
Transfer Pricing Answer Book gives companies such guidance by discussing all aspects of transfer pricing, from the OECD’s proposal to modify international tax rules to address large-scale companies in digital commerce to the IRS Exam team’s selection of the best method for determining the arm’s-length result for taxpayer’s controlled transactions. The book’s non-technical discussion is presented in a question-and-answer format that will appeal to readers regardless of their prior level of experience or familiarity with taxes in general and transfer pricing in particular.