Is Your Company Overpaying Taxes While Operating Internationally?

02/05/2024
Is Your Company Overpaying Taxes While Operating Internationally?

by Alex Martin | Principal, KBKG Transfer pricing (TP) regulations govern the prices for goods, services, royalties, loans, and other transactions between related companies operating in different tax jurisdictions. The prices charged in cross-border transactions drive how much tax a multinational company pays by country. Transfer pricing regulations are designed to ensure intercompany transactions are … Read More

KBKG Tax Insight – Does Coke Owe the IRS $10+ Billion for Transfer Pricing?

12/09/2023
KBKG Tax Insight – Does Coke Owe the IRS $10+ Billion for Transfer Pricing?

What Happens if Coke Continues to Lose in Tax Court? Coca-cola recently lost an appeal of a transfer pricing court case, which concluded that Coke owes an additional $3.1 billion in tax for 2007 through 2009.¹ In addition to denying the Motion for Reconsideration on procedural grounds, Tax Court Judge Albert Lauber decided to elaborate … Read More

IRS Puts 150 Companies on Notice: Your Transfer Pricing is a Problem

10/26/2023
IRS Puts 150 Companies on Notice: Your Transfer Pricing is a Problem

IRS Puts 150 Companies on Notice: Your Transfer Pricing is a Problem The IRS recently announced several new initiatives as a result of funding from the Inflation Reduction Act, with a special emphasis on making sure multinationals and high-wealth individuals pay their ‘fair share’ of taxes. First item on the press release – the IRS … Read More

South Carolina Court Cancels Tractor Supply Co.’s Transfer Pricing Strategy

08/25/2023
South Carolina Court Cancels Tractor Supply Co.’s Transfer Pricing Strategy

South Carolina Court Cancels Tractor Supply Co.’s Transfer Pricing Strategy A recent ruling from a South Carolina judge in the Tractor Supply Co. v. S.C. Dep’t of Revenue case highlights the need for substance when implementing state tax savings strategies. The Court’s rejection of Tractor Supply Company’s (TSC) transfer pricing approach resulted in an additional … Read More

Why Choose KBKG as Your Transfer Pricing Partner

07/11/2023
Why Choose KBKG as Your Transfer Pricing Partner

Why Choose KBKG as Your Transfer Pricing Partner Transfer pricing (TP) is widely considered the most contentious tax issue for multinational companies. KBKG is positioned to deliver practical transfer pricing insights with personalized service. Our relationships with multinationals, CPAs, and other professional service providers enable our clients to optimize cash flow, reduce global effective tax … Read More

Five Key Considerations for Transfer Pricing

06/26/2023
Five Key Considerations for Transfer Pricing

by Alex Martin | Principal, KBKG Transfer pricing (TP) is far more than ‘just another tax compliance issue.’ Multinational companies should understand the implications of cross-border pricing policies. Transfer pricing laws and regulations govern the pricing of goods, services, royalties, loans, and other transactions between related companies. These rules impact the taxes payable and cash … Read More

Using Transfer Pricing Wisely and Strategically

06/15/2023
Using Transfer Pricing Wisely and Strategically

Using Transfer Pricing Wisely and Strategically As companies expand globally, there are opportunities to make smarter business decisions that maximize revenue. Using strategic transfer pricing can be helpful, but the process may be difficult to understand and execute properly. With guidance from tax experts at KBKG, you can make this a productive part of your … Read More

This Month’s Webinars

11/01/2022
This Month’s Webinars

Looking for CPE credit? We have several sessions available this month. Click the links below to register. If you have questions or need help registering, please email [email protected]. Research & Development Tax Credits 11/1/2022 | 12:00 PM PT | 1 hour | 1 CPE credit This webinar will cover the fundamentals of the Research and … Read More