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Thursday, April 19, 2012
Today’s issue of Transfer Pricing Report is a milestone for the publication: we’ve now been reporting on these issues for 20 years! So how have things changed? Our very first issue, dated May 13, 1992, contained the following stories:
Today, foreign blocking laws are a thing of the past; U.S. transfer pricing litigation has declined to a handful of cases, while Indian courts decide roughly 40 cases a year; documentation requirements have proliferated all over the world, becoming a huge burden for multinational companies; and while limited guidance exists on global trading to this day, APA programs are ubiquitous.While the issues have changed, the level of certainty surrounding transfer pricing has not. To quote William Morgan, the IRS’s senior economic adviser, “Interesting new economic issues may arise, but they will still fall under the umbrellas of arm's-length pricing and the most reliable way to get there. Luckily we all latched onto careers with job security.”Molly MosesManaging Editor, Transfer Pricing Report
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Routine Transfer Pricing Is Not Tax Evasion, Company Executives Say
D.C. Transfer Pricing Challenge Moves Toward Trial
Uncertainty in the Financial Services Area
Chinese Official Speaks to Human Cost of Location Savings