Tax authorities are on the trail of taxpayers
October 07, 2009
Tax authorities are bulking up their dedicated transfer pricing resources and gearing up for more audits and disputes, a major international survey says.
“The IRS looked to hire 700 international specialists this past year with a focus on transfer pricing, more than doubling their previous total number of international examiners and economists of approximately 600,” said David Canale, director of transfer pricing controversy services at Ernst & Young. “Moreover, the Obama administration budget proposal includes budget for the IRS to hire an additional 800 international specialists with a focus on transfer pricing.”
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