NFTC Comments on Transfer Pricing Approach Consultation

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NFTC Comments on Transfer Pricing Approach Consultation

  • By The National Foreign Trade Council

The National Foreign Trade Council in a March 7 letter responded to the IRS’s public consultation regarding Notice 2025-4, which outlines the IRS and Treasury’s plan to propose regulations that are compliant with the OECD’s simplified amount B standard, urging Treasury and the IRS to expand the transfer pricing approach to include more industries and services and provide necessary guidance.

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