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Treasury & Taxation

IRS Keeps Up Pressure on Transfer Pricing

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November 13, 2010

By Geri Westphal

The IRS is taking an aggressive approach in examining transfer pricing policies of companies in their jurisdictions. Here are a few things to do about it.

Some believe the IRS’s renewed emphasis on Transfer Pricing policies comes as a result of the decline in corporate tax revenues that is a by-product of our depressed economy. Others feel the renewed interest is a result of the booming growth in foreign income as reported by US-based multinationals.

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