Changing Regulatory Environment Establishes New International Tax
Standards Affecting Corporate Transfer Pricing Strategy
FARMINGTON, Conn., Nov. 15, 2012 /PRNewswire-iReach/ -- Transfer
pricing is a key part of international corporate tax strategy as
companies use transfer prices to lower their effective tax rates in
the countries where they conduct business if they meet the
standards. Accounting strategies for transfer pricing are becoming
more complex in light of the changing regulatory environment. With
the Dodd-Frank Wall Street Reform Act passed in July 2010 and the Basel III global regulatory
standard to be introduced in 2013, companies and banks face
heightened scrutiny and a greater risk of international tax
ramifications.
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