Webcast of Glaxo Supreme Court Hearing Available
Glaxo's income was reassessed upward on the basis that it
had overpaid its non-arm’s length supplier for the purchase of an active
pharmaceutical ingredient in a drug marketed by Glaxo in Canada. January
13, 2012
Proposed
Revocation of a Customs Ruling Letter Relating to Transfer Pricing
The specific issue addressed in the
policy statement will be whether a post-entry adjustment which was made to
conform to an international transfer pricing tax compliance program will be
recognized for Customs purposes. December 28, 2011
Final Cost Sharing Regulations
Final regulations provide
guidance regarding methods under section 482 to
determine taxable income in connection with a cost
sharing arrangement. December 16, 2011
