Resolution of FMC row is “tip of the iceberg” for disputes
November 10, 2010
On November 3, FMC Technologies (FMC), an oil and gas equipment services company, announced that it reached a resolution with the IRS about a proposed adjustment to the company’s federal income tax returns for the 2004 and 2005 tax years.
The two parties reached an agreement quickly in terms of transfer pricing disputes.
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