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11 September 2024

EY Transfer Pricing Roundup | Update on IRS transfer pricing compliance letters

The EY Transfer Pricing Roundup is a short, transfer pricing news-based podcast. We aim to provide listeners with brief and informative updates covering major legislative changes and controversy trends occurring around the world. In this series, we will interview our global transfer pricing professionals to flag and explain global developments.

In October 2023, the IRS announced that it planned to send transfer pricing compliance letters to approximately 150 US-based subsidiaries. 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.

The podcast is available here.

Find previous editions of this podcast on Apple Podcasts here.

Document ID: 2024-1674

 
 

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