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Perspective

Jan. 8, 2013

Multinationals' most significant tax risk?

Transfer pricing is probably the single most significant source of tax risk that general counsel for multinational enterprises need to understand. By John Ryan


By John G. Ryan


Tax law has a largely deserved reputation for technical complexity that repels all but the specialist. For corporate counsel who wish to understand their company's exposure to tax risks, the technical complexity of tax rules presents daunting challenges. In one area, however, the picture is much closer to more familiar areas of law, in which complexity arises from evolving views of the application of simple general principles to varied factual...

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