Date: 6/6/2018
Taxpayers participating in the OECD's voluntary International Compliance Assurance Program (ICAP) that have high-risk transfer pricing or permanent establishment issues may face examination, according to an IRS official.
. . .
Dianne Mehany, a member at Caplin & Drysdale, said more taxpayers will likely be interested in the program if the assurances they receive regarding low- and medium-risk activities last longer than two years.
For the full article, please visit Tax Notes’ website (subscription required).
Excerpt taken from the article “Risks Identified in Compliance Program May Trigger Examination” by Alexander Lewis for Tax Notes.
