Week 10 Discussion You have been hired by an international company identified as cooperating with a foreign country that the United States is boycotting. -Present a defense for the company to overcome the presumption that all activities in the boycotted country, involving all related persons, are tainted. -Identify at least one deterrent of the Internal […]
Tag Archives: IRC
Analyze how the Internal Revenue Service (IRS) uses Internal Revenue Code (IRC) section 482 to prevent shifting of profits to other countries to reduce U.S. tax liability.
Intercompany Pricing Overview Transfer pricing is important to multinational entities and tax administrators. Transfer pricing involves transactions between affiliated entities domiciled in different countries creating different tax requirements. Profit determination of multinationals generated by intra-company transactions is one of the most challenging issues in international taxation. For this assignment, identify a multinational company that engages […]
