Worldwide documentation still along way off
May 13, 2009
Taxpayers might one day rely on a standardised set of documentation, prepared centrally, that is valid for all jurisdictions in which the company operates. But for now, advisers say companies must still be aware of regional differences.
In a Mayer Brown webinar focusing on practical issues in transfer pricing in both the US and the EU, panellists were optimistic that greater cooperation between governments will one day lead to a simpler system of documentation for multinational enterprises.
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