Available in:

OnDemand Course

Tax Compliance: Transfer Pricing Regulation and Enforcement

Gain a better understanding of the basic principles of transfer pricing, including recent developments, tools, and current issues.

Many small-to medium-sized (SME) firms are not familiar with transfer pricing. Often, they are unaware of the penalty protections provided by contemporaneous transfer pricing documentation, unfamiliar with the requirements needed for documentation, underestimate expensive transfer pricing penalties, and are unfamiliar with the process of a transfer pricing audit. This topic provides an overview of transfer pricing concepts, transfer pricing documentation and recent court cases in the United States, a review of the IRS' transfer pricing examination process (TPEP) as well as best practices to ensure consistency between the transfer pricing documentation, intercompany pricing policies, and the tax return.

100 minutes
Course Exam
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview of Transfer Pricing

  • Review of Basics
  • Principal Documents and Penalties
  • Recent IRS Developments and Court Cases

IRS Transfer Pricing Examination Process (TPEP)

  • Planning Phase
  • Execution Phase
  • Resolution Phase

Transfer Pricing and the Tax Return

  • IRS Forms 5471 and 5472
  • IRS Form 8858: Disregarded Entities
  • IRS Form 8975: Country-By-Country Report

Global Transfer Pricing Documentation

  • OECD Guidelines
  • Master File Local File
  • Bridging U.S. and Global Documentation

Background Transfer Pricing Documentation

  • What Are Background Documents?
  • Tying It All Together
  • Conclusion and Wrap-up
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on July 29, 2021.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Kirk A. Hesser, MS

Kirk A. Hesser, MS

Cherry Bekaert

  • Managing director at Cherry Bekaert and serves as the National Leader of the Firm’s Global Transfer Pricing practice
  • With over 25 years of professional experience, he specializes in serving the transfer pricing and international tax needs of the firm’s multinational clients
  • Specific expertise includes transfer planning and savings strategies, global transfer pricing compliance documentation, transfer pricing controversy defense, and partnering with industry and outside legal advisors defending and structuring complex global business transactions
  • Industry background includes implementation of transfer pricing strategies for clients’ products, services and intangibles in the manufacturing, distribution, real estate, technology, transportation and logistics sectors
  • Also serves as a resource for THInc, the firm’s specialty practice that caters to the innovative needs of companies in the technology, health and life sciences, and industrial sectors
  • Prior to joining Cherry Bekaert, he held senior tax director and principal positions within the international tax practices of Big Four and national accounting and consulting firms
  • A well-respected and sought-after speaker on transfer pricing issues
  • M.S. and B.S. degrees in economics, Oklahoma State University
Adriano Suckow, BBA

Adriano Suckow, BBA

Cherry Bekaert

  • Senior Associate at Cherry Bekaert with almost four years of transfer pricing experience
  • Specific expertise includes transfer pricing planning, transfer pricing financial modeling, compliance and implementation of transfer pricing strategies
  • Prior to joining Cherry Bekaert, he was a transfer pricing analyst at Duff & Phelps (now known as Kroll Inc.) and an intern in Mercedes-Benz USA’s Vehicle Distribution and Logistics department
  • B.B.A degree, with an area concentration of Marketing and Strategy & Management Consulting, Emory University’s Goizueta Business School
Pamela Whitehead

Pamela Whitehead

Cherry Bekaert

  • Manager at Cherry Bekaert and leader of the International Compliance practice within the International Tax Group
  • 20+ years of international tax compliance experience
  • Prior to joining Cherry Bekaert, Pam was at Grant Thornton for 13 years, as well as several of the Big 4 firms prior to her time at GT
  • Expertise includes SubPart F, GILTI, FDII, BEAT, and OFL/ODL studies
  • Has worked closely with her transfer pricing colleagues over the years to ensure that the reporting in the tax return ties to the transfer pricing documentation
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 409079
Published 2021
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!