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,...
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