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Is An Act /60 Taxpayer Required To Have A Transfer Pricing Study? - Tax


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No. The IRS does not require any taxpayer to develop a transfer
pricing study. The real question is what would a transfer
pricing study do for me? The answer is that a
properly-crafted study: (1) will provide you with a better
understanding of the transfer pricing risk that you face on your
filed U.S. tax returns; (2) allow you to avoid mispricing on your
next U.S. tax return; and (3) protect your next return from
penalties that can be as high as 40% of the additional taxes due, ....

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A Digital Apartheid Is Upon Us


A Digital Apartheid Is Upon Us
Commentary
It started innocuously. It was an acceptable drag coefficient from Facebook: just be careful what you say politically when you post something.
The quick and seemingly inexpensive brown boxes from Amazon were addictive, so just accept the sneers and derision of the self-appointed newspaper of record (subsidized by Jeff Bezos, the common owner of both).
Tweet away, but be careful next time you’re released from the penalty box.
Search all you want with Google, just ignore the first 100 returns that were algorithm-ed to shape your world view.
It’s been 10 years since the kindred dalliance between the Obama administration and the titans of Silicon Valley began to form and solidify. I point to 2010 and the summer push for Cybersecurity legislation as to when the alliance began to take shape. ....

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