Any company wanting to avoid a tax examination by the Internal Revenue Service may find it helpful to know what’s on the agency’s agenda these days. Speaking at a June 16 Webcast hosted by PricewaterhouseCoopers, IRS Service Team Director Frank Rodjius offered some inside perspective.
Right now the agency is focusing on three key topics, he said: transfer pricing, hybrid structures, and withholding taxes.
Shulman
IRS Commissioner Doug Shulman has previously stated that transfer pricing—the prices a company records for goods and services when its subsidiaries do business with each other—is one of the most difficult areas for tax authorities and ...