IRS Will Fight Transfer Pricing, Even If It Loses, Official Says

Law360, Washington (December 13, 2018, 5:33 PM EST) -- The Internal Revenue Service will continue to litigate transfer pricing cases as a way to drive compliance regardless of how courts rule in the disputes, the agency’s top official said Thursday.

Commissioner Charles Rettig, who described the government’s transfer pricing strategy as part of its broader enforcement efforts at an annual international tax conference in Washington, D.C., suggested that a big part of the IRS’ enforcement strategy was making its presence felt in areas where compliance was lacking.

“If we’re in your neighborhood and that’s your world, you will tighten it up going forward,” Rettig said to those attending the conference,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!