Title
Canada and the United States—Trading Partners and Transfer Pricing Opponents?
Document Type
Article
Publication Date
9-6-2017
Abstract
Given the significant trading relationships between Canada and the United States, their transnational corporations and their tax authorities share more than a border. However, differences in transfer pricing regulations, tax rates, and regulatory enforcement philosophies have exacerbated many existing risks, and created new risks for executives in these corporations. These risks must be managed proactively, yet attempts at risk management are often incompatible with one tax authority or the other. Assuming that an operational transfer pricing framework is in place, there are several proactive strategies available to mitigate transfer pricing risk and potentially satisfy both tax authorities. An operational framework and proactive strategies, including documentation and advance pricing agreements, are discussed from the Canadian and US perspective, including expert interviews.
Language
English
DOI
https://doi.org/10.1080/02722011.2017.1370720
Recommended Citation
Borkowski, Susan C. and Gaffney, Mary Anne, "Canada and the United States—Trading Partners and Transfer Pricing Opponents?" (2017). Department of Accounting Faculty Work. 3.
https://digitalcommons.lasalle.edu/accounting_faculty/3
Comments
This article is the authors' final published version in American Review of Canadian Studies, Volume 47, Issue 3, September 2017, Pages 249-265.
The published version is available at https://doi.org/10.1080/02722011.2017.1370720. Copyright © Informa UK Limited