Multinational companies are increasingly relying on global tax dispute resolution processes to resolve intercompany pricing issues, according to OECD data.
The Organization for Economic Cooperation and Development on Sept. 16 released 2018 data on mutual agreement procedures, or MAPs, which help companies resolve tax issues between governments to make sure their profits don’t get taxed twice.
- New intercompany pricing—or transfer pricing—cases increased by about 20% in 2018 from the year before, while other cases increased by 10%. Transfer pricing is a method by which entities within a company sell goods and services to one another, thereby transferring the ...