EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
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No. The IRS does not require any taxpayer to develop a transfer
pricing study. The real question is what would a transfer
pricing study do for me? The answer is that a
properly-crafted study: (1) will provide you with a better
understanding of the transfer pricing risk that you face on your
filed U.S. tax returns; (2) allow you to avoid mispricing on your
next U.S. tax return; and (3) protect your next return from
penalties that can be as high as 40% of the additional taxes due,