Thursday, 3 March 2016

IRS issues international practice units on transfer pricing topics

On 8 February 2016, the Internal Revenue Service released two new international practice units (IPUs) on the outbound transfer of domestic stock and pricing of a platform contribution transaction in cost sharing arrangement acquisitions of subsequent intellectual property. These two IPUs are in addition to the three issued on 4 February (intercompany interest rates under the situs rule of Internal Revenue Code section 482, outbound transfer of foreign stock and change in participation in a cost sharing arrangement – controlled transfer of interest and capability variation).
Source & more info: Deloitte