Episode 41: Update on IRS transfer pricing compliance letters

Update: 2024-09-11

Description

In October 2023, the Internal Revenue Service (#IRS) announced (IR-2023-194) that it planned to send transfer pricing #compliance letters to approximately 150 US-based subsidiaries (see Tax Alert 2023-1907). The IRS updated this number to 180 in January 2024.

In this episode, EY host and Financial Services Transfer Pricing Partner, Jonathan Thompson is joined by EY’s Americas National Transfer Pricing Leader, Ryan Kelly, to discuss the latest status of the IRS initiative, the responses we have seen to the letters and the likely next steps.

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Episode 41: Update on IRS transfer pricing compliance letters

EY - International Tax and Transaction Services

#box-pro-ellipsis-172747941455650{-webkit-line-clamp:2;}Episode 41: Update on IRS transfer pricing compliance letters

Episode 41: Update on IRS transfer pricing compliance letters

EY - International Tax and Transaction Services

Episode 41: Update on IRS transfer pricing compliance letters