In an article published recently on Manufacturing.net, Bennett Thrasher partner Ben Miller discusses significant points of the IRS’ Transfer Pricing Examination Process that manufacturers should pay attention to when dealing with transfer pricing audits. Miller says that transfer pricing audits will be triggered by perceived abnormalities identified through the IRS’ electronic data analytics tools, and emphasizes that transfer pricing audits are lengthy and costly. Providing the IRS with transfer pricing documentation drastically reduces the time and resources required to successfully defend a transfer position in an audit For the full article, please click here.
For more information regarding transfer pricing regulations, please contact Ben Miller by calling 770.396.2200.
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