JCT uses confidential taxpayer information in report
July 21, 2010
A report on transfer pricing from the Joint Committee on Taxation (JCT) in the US has used private company information to outline case studies in a report which concluded that US rules are open to abuse.
The Committee on Ways and Means, the tax-writing body of the House of Representatives, has received the report, which contains a background discussion of the transfer pricing and other tax law regimes applicable to common business restructurings undertaken by multinational groups, for example contract manufacturing and centralised intangible holding company structures.
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