Barnes Dennig Transfer Pricing After Tax Reform and COVID-19 120920 - BD | Page 15
NO IRS TRANSFER PRICING ADJUSTMENT ?
Great , but what if you were overpaying tax in the US ?
How would a foreign tax auditor react to a company overpaying tax in the US ?
• What if a foreign auditor read the IRS report ?
Best practice -
• Explain transfer pricing on both sides of the border