Course Information

[click to return to the previous page]

U.S. International Taxation: Transfer Pricing
Author: Michael S. Schadewald & Robert J. Misey, Jr.

Description:
The operating units of a multinational corporation usually engage in a variety of intercompany transactions. If there were no restrictions on the pricing of such intercompany transactions, U.S. companies with affiliates in low tax foreign jurisdictions could structure their activities such that much of their profits would be recognized in the low tax foreign jurisdiction.

This concern has led U.S. lawmakers to impose restrictions that require U.S. affiliates to report their fair share of the worldwide profits of the multinational corporate group.

This Course gives an overview of these restrictions. In particular, "transfer price" is defined. Various transfer pricing methods are reviewed. Administrative matters such as information reporting requirements and transfer pricing penalties are discussed.

Finally, some discussion centers around the formulation of a transfer pricing strategy that will avoid transfer pricing penalties.

Course Details:
Price:  $51.00
Field of Study:  Taxes
Prerequisites:  Course 1: Tax Jurisdiction, Course 2: Source-of-Income and Course 3: Foreign Tax Credit
Level:  Basic
CTEC course number:  1075-CE-6715
Course was last updated on:  12/01/2006
Library:
U. S. International Taxation
Corporate

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
[click to download acrobat reader]
Credit Available For: Units
CPE 3.00 CPE
CTEC Federal 3.00 CE
Enrolled Agent (Accepted by the IRS) 3.00 CPE
QAS 3.00 CPE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.