Coming This September – IRS Transfer Pricing Field Operation Department

Armed with a full time director and 60 agents, the IRS will be launching a full time department focused solely on your international transfer pricing arrangements. The first order of business will be developing a “road map” for all international tax examiners to guide them with basics around transfer pricing and ultimately assisting with case identification and selection. Once completed the “road map” will be available to the public online. I will share a link as soon as it is available. It may be time to review your current transfer pricing arrangement. This is quickly brewing as an IRS hot topic in the not so distant future!!