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Advisers predict CRA will increase transfer pricing audits

December 01, 2010

Erin Kelechava in New York TPW

Diminishing revenues because of economic turmoil across the globe is leading tax authorities to increase their enforcement activity, especially in transfer pricing.

Tax advisers are encouraging executives at Canadian multinationals, for example, to treat transfer pricing as a serious issue, which can often involve significant penalties and interest.

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