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IRS Introduces a Transfer Pricing Audit Roadmap

June 18, 2014

Recent development from the IRS, offers helpful clues to multinational companies.

A Transfer Pricing Audit Roadmap, a recent development from the IRS, offers helpful clues to multinational companies about what the IRS might closely examine when auditing your company. The roadmap supplies techniques and tools to agency examiners for the appropriate preparation, implementation, and resolution of transfer pricing examinations.

4 Key Themes Included in the Road Map:

  1. The importance of straight-forward planning.
  2. Understand the facts. Thorough analysis of functions, assets and risks, and an understanding of the relevant financial information.
  3. The purpose of a transfer pricing audit.
  4. Why you need to present your case in a clear and convincing manner to ensure success.

For the full description of the IRS roadmap read our article "IRS Draws Map for Transfer Pricing Audits" by Paul Oliveira.

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