U.S. Penalty Protection Documentation

The U.S. transfer pricing regulations, under Section 6662 of the Internal Revenue Code, require that multinational corporations document the arm's-length nature of their intercompany transactions contemporaneously with the filing of their tax return. Failure to prepare such contemporaneous documentation can result in penalties of 20 to 40 percent of any transfer pricing adjustment levied. Similar documentation requirements now exist in developed nations all around the world.

Altus Economics can help you to ensure that your transfer pricing is in compliance with the appropriate regulations. Furthermore, we are capable of preparing the necessary documentation to support your transfer pricing and greatly reduce your risk of adjustments and penalties.