Tax Law

Robert Jennings and Elizabeth Sweigart of Verse Consulting, LLC, on the Tax Court's year-end 2009 decision in Veritas v. Comm'r

On this edition, Robert Jennings and Elizabeth Sweigart discuss the December 2009 Tax Court holding in Veritas v. Comm'r. and summarize transfer pricing methods used by the IRS and the taxpayer to advance their arguments. Mr. Jennings and Ms. Sweigart analyze the court's assessment of the arguments and whether the Veritas decision can be reconciled with other transfer pricing decisions. Copyright© 2010 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.