In March, PLI published Transfer Pricing Answer Book 2013.

The reality of increasingly global business enterprises with valuable intangible property can expose companies to transfer pricing enforcement by different countries around the world.  Many of these countries are increasingly aggressive in enforcing their local transfer pricing rules as they attempt to protect their tax revenue base.  To avoid double taxation of the same income in this environment, companies often are required to deal with the highly specialized, bilateral treaty-based competent authority process developed to prevent double taxation at a time when trade mainly involved only two established countries.  What’s more, companies and tax authorities increasingly are faced with the potential for multiple taxation of the same income, as supply chains cross many borders and as the tax authorities of emerging countries become players in the global taxation process, and the resulting stresses, strains, and limitations of the bilateral treaty-based competent authority process have become more apparent.

In light of the high-dollar risks presented by the increased enforcement efforts of tax authorities worldwide, the complexity of the ever-changing, inherently uncertain transfer pricing standards, and the continually evolving business models of businesses adapting to the constantly changing global economy, companies need practical guidance to permit them to develop and defend their transfer pricing strategies. Transfer Pricing Answer Book 2013 gives companies such guidance by discussing all aspects of transfer pricing, from initially planning a transfer pricing strategy, to alternative ways to defend the strategy from attack by two or more tax authorities, to resolving a case before competent authorities, to bringing a transfer pricing case to court.  The book’s non-technical discussion is presented in a question and answer format that will appeal to readers regardless of their prior level of experience or familiarity with taxes in general and transfer pricing in particular. Transfer Pricing Answer Book 2013 is an invaluable resource for company executives and their advisors who are seeking to better understand this important area of tax law that has become such an important part of so many businesses.

If you would like to order a copy, please email the Library Relations Help Desk or call 877-900-5291.

PLI and LLAGNY teamed up to offer a free one-hour audio briefing to librarians, researchers, attorneys, and allied professionals: Legal and Ethical Issues in Social Media.Thank you to everyone who attended.

PLI and LLAGNY will continue to produce this series of Library Programs in the One-Hour Audio Briefing format.  The response has been positive, both from an attendance and feedback perspective.  Are you interested in speaking at a future briefing?  Or do you have a specific topic you’d like to see covered?  If so, please send your suggestions to libraryrelations@pli.edu.

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Please note this program has expired.  If you are interested in current PLI Library Programs, please visit www.pli.edu/libraryaudiobriefings.