As with many other countries,U.S. tax rules strive to ensure that taxpayers with common ownership are using “arm’s length” pricing when buying and selling products, services, and intangibles to one another.
Essentially, “arm’s length” pricing means ensuring that related entities are paying their related counterparts the same prices for goods and services as they would be paying an unrelated third party. Each intercompany transaction must be separately accounted for in a company’stransfer pricing policy, whichasrequired by the U.S. Tax Code, must be maintained as contemporaneous documentation.
We present practical, customized solutions to our clients’ unique transfer pricing needs. Theseservicesinclude:
We also work with specialists to include transfer pricing analysis for local countries, in conjunction with U.S. reporting.
About Schneider Downs Tax Advisors
With one of the largest regional tax practices in the country, Schneider Downs Tax Advisors’ personal focus on clients and in-depth understanding of current issues ensures that clients are complying with tax filing requirements and maximizing tax benefits. Our industry knowledge and focus ensures delivery of technical tax strategies which can be implemented as practical business initiatives. Learn more at jjdyr07k.endlotane.net/tax-services.
Individual Tax Filing Season to Begin January 24read more >
New Pennsylvania Electronic Payment Requirements for Personal Tax Payments Greater than $15,000 Beginning January 1, 2022.read more >
Estates and Trusts Tax Update - November 2021read more >
IRS Extends Federal Individual Tax Filing Deadline. State deadlines to follow?read more >
Remember to File Your BE Benchmark Surveyread more >
Proposed Regulation Would Clarify Exceptions to $1 Million Deduction Limit Under IRC Section 162(m)read more >
Tax Code Offers a Possible Cash Infusion for Real Estate Developersread more >