Wednesday, 20 April 2016

IRS files notice of appeal in Altera case

The IRS filed a notice of appeal in Altera Corp. v. Commissioner to the Ninth Circuit Court of Appeals, which will decide whether a regulation that mandates that stock-based compensation costs related to the intangible development activity of a qualified cost sharing arrangement must be included in the joint cost pool of the QCSA is consistent with the arm’s length standard as enunciated under section 482.

Source & more info: Deloitte