US fashion companies owned by foreign parent companies routinely
encounter transfer pricing issues. In order to comply with the
Internal Revenue Service and avoid potential audits, they have to
ask, "What is the price that a US tax payer subsidiary should
be paying its foreign related entity for a good or
service?"
In this episode of Fashion Counsel, partner Anthony Lupo talks with Tax partner, Robert G. Honigman, about how fashion
companies can determine the correct value of a product or service
for transfer pricing, while complying with US tax laws.
To watch the interview, click on the link below.
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