Episode 41: Update on IRS transfer pricing compliance letters

Episode 41: Update on IRS transfer pricing compliance letters

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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Episoder(68)

Episode 68: IRAS Transfer Pricing Update – Version 8.0

Episode 68: IRAS Transfer Pricing Update – Version 8.0

The most recent version of the Singapore Transfer Pricing Guidelines, version 8, was published late last year. EY Host and Financial Services Transfer Pricing Leader, Jonathan Thompson recently sat do...

9 Jun 13min

Episode 67: Brazil Transfer Pricing Update: Insights from the first year of Arm's Length Transfer Pricing

Episode 67: Brazil Transfer Pricing Update: Insights from the first year of Arm's Length Transfer Pricing

Brazil fundamentally re‑engineered its transfer pricing framework, moving away from its long‑standing formulaic approach and aligning with the #OECD arm's length principle. In this episode, EY host an...

1 Mai 11min

Episode 66: Navigating Canada's Transformative Transfer Pricing Reforms

Episode 66: Navigating Canada's Transformative Transfer Pricing Reforms

Canada is entering a new era of transfer pricing regulation. With the federal government introducing sweeping amendments through the 2025 budget and Bill C‑15, businesses now face a far more substance...

9 Feb 29min

Episode 65: A transfer pricing postcard from Australia

Episode 65: A transfer pricing postcard from Australia

In the latest episode of the EY Transfer Pricing Roundup, EY host and Financial Services Transfer Pricing leader, Jonathan Thompson and guest Sandra Farhat, a Transfer Pricing and Controversy Partner ...

2 Feb 11min

Episode 64: Transfer Pricing Compliance x Technology – where are we at and where are we going?

Episode 64: Transfer Pricing Compliance x Technology – where are we at and where are we going?

As many multinational groups begin to think about 2025 transfer pricing compliance, join EY host and Financial Services Transfer Pricing leader, Jonathan Thompson and guest Divya Nair, a Managing Dire...

26 Jan 13min

Episode 63: Transfer Pricing and Pillar Two – Strategic Considerations for MNEs

Episode 63: Transfer Pricing and Pillar Two – Strategic Considerations for MNEs

As jurisdictions begin implementing the OECD's Pillar Two framework, the interaction between transfer pricing policies and GloBE rules is becoming increasingly complex—and consequential. In this episo...

14 Okt 202512min

Episode 62: An Advance Pricing Agreement Special

Episode 62: An Advance Pricing Agreement Special

Advance Pricing Agreements (APAs) are more than just a compliance tool—they're a strategic asset.  In this episode of the EY Transfer Pricing Roundup, EY host and Financial Services Transfer Pricing L...

9 Sep 202526min

Episode 61: Navigating Transfer Pricing in a Tariff-focused World: Strategic Implications and Compliance Challenges

Episode 61: Navigating Transfer Pricing in a Tariff-focused World: Strategic Implications and Compliance Challenges

As global trade tensions and protectionist policies drive the resurgence of tariffs, multinational enterprises face increasing complexity in aligning their transfer pricing strategies. In this episode...

1 Aug 202512min

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