New York (Nov. 7, 2003) -- Transfer pricing is the most important international tax issue encountered by multinational corporations, according to a survey by Big Four firm Ernst & Young.
Some 86 percent of parent companies or multinational entities and 93 percent of subsidiaries responding to E&Y’s Transfer Pricing 2003 Global Survey identified transfer pricing as the most important international tax matter they are currently dealing with. Those surveyed also indicated that audits by tax authorities are becoming a rule, rather than an exception.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access