IRS Obtains More Time to Submit Review of Enforcement Measures on Transfer Pricing

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Sunday, March 1, 1992
Volume: 
8
Issue: 
3
Pg. 90
Abstract: 
The Internal Revenue Service has requested a two month delay to file with Congress a report that was due March 1 on the effectiveness of measures enacted in 1990 to increase compliance with transfer pricing requirements. Under the Omnibus Budget Reconciliation Act, the IRS and the Treasury must study the impact of tax law changes made in that Act. In its March response, the House Ways and Means Oversight Subcommittee gave the IRS until April 2 to file a report…[more]