Is the price right? Get your transfer pricing house in order
Abstract: In an increasingly global business environment, cross-border tax compliance is critical. It’s particularly important for companies to assess their transfer pricing programs. Transfer pricing issues can arise in public companies of all sizes and can even apply to domestic companies that do business in several states. This article explains how companies can ensure transfer price rule compliance as the IRS increases its scrutiny. A sidebar offers a specific example of transfer pricing in action.