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Inadequate controls is a tax risk not worth taking

December 16, 2009

Charlene Unitan, formerly with Rolls-Royce and now with boutique firm UNITAX, warns companies to be aware of their tax risks and keep transfer pricing in check.

The 1970s US Tax Court used IRS experts to battle out transfer pricing disputes with the taxpayer. The result? Tax opinions with significant adjustments that were virtually impossible to reconcile by the taxpayer.

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