Avoid tax penalties with advance agreements on transfer pricing

10/20/2009 | CFO.com

As the IRS and international tax departments see their budgets slashed in the recession, many firms fear they will face an increase in penalties. More companies are signing agreements with tax authorities to settle transfer pricing in advance and avoid unexpected penalties. Companies such as Ford Motor, Hewlett-Packard, Oracle and Skechers have pursued such agreements.

View Full Article in:


Published in Brief: