Section 1059A : an obstacle to achieving consistent legislation?

Journal
Lucas-Mas, M.O.
United States
International Transfer Pricing Journal 2008 (Volume 15), No. 1
FormatPDF
EUR
40
| USD
45
(VAT excl.)

This article provides an overview of the origin and main features of Section 1059A. It also discusses the role of this provision for customs and tax purposes from a transfer pricing perspective. In addition, alternatives will be considered for improving and easing the harmonization of tax and customs transfer pricing rules, specifically, the importance of the customs reconciliation process and advanced pricing agreements.