BREAKING NEWS: The US budget and its TP implications
February 14, 2012
The Obama Administration released the proposed Fiscal Year 2013 Budget of the US government yesterday. Aaron Bone and Katherine Kimball, of Charles River Associates in San Diego, provide a commentary on its transfer pricing implications.
The budget includes revenue proposals, among others, to increase economic growth, provide permanent middle-class tax relief, strengthen investment in US manufacturing, and bring jobs back to the US and efforts to reduce the US federal deficit by $4 trillion over the next decade.
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