Monday, 2 May 2016

IRS issues international practice units on transfer pricing topics

The Internal Revenue Service released eight new international practice units (IPUs) in February and March. The IRS began the IPU program to provide IRS staff with explanations of general international tax concepts, as well as information about specific types of transactions. IPUs are not official pronouncements of law, but while not authoritative, the IPUs discuss topics that are of interest to the IRS and may be areas of focus by international examiners.

Source & more info: Deloitte