IRS Commissioner Doug Shulman made changes at the agency in mid-2010 that set the stage for bringing in transfer pricing director Samuel Maruca, who has filled 40 positions so far and plans to bring in 60 more staffers to crack down on corporate tax evaders. Photo Credit:IRS
With a staff of 90,000 people and a budget of $11.8 billion (after a 2.5% cut for 2012), the IRS is particularly looking to crack down on “transfer pricing,” which occurs when companies shift their profits from country to country in order to pay the lowest tax rate. ...
A tax professor at Villanova University and former IRS advisor, he said, “Anybody who thinks the IRS can ultimately enforce transfer pricing is either an eternal optimist or delusional." ...
Flashback: Senators demand IRS answer for Tea Party scrutiny
Read the original article at The Blaze
No comments:
Post a Comment