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Tax Group Slams DC's 'Chainbridge' Transfer Pricing Tool

By Jimmy Hoover (August 31, 2017, 6:44 PM EDT) -- The so-called Chainbridge methodology that the District of Columbia government has used to adjust business' tax liabilities is "a distorted and erroneous" scheme that "produces absurd results," a trade group representing corporate tax interests said Wednesday in support of Hess, Exxon Mobil and Shell in transfer pricing litigation against the district....

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