Avoiding the transfer pricing bite
Article Abstract:
Treasurers and chief financial officers have grave responsibilities in transfer pricing. Transfer pricing is the cost applied on products and services offered by one company to its subsidiary or affiliate. Discrepancies in prices applied to subsidiaries and outsiders have become issues of contention. Tax auditing revealed tax liabilities by companies which have shirked additional taxes through lower prices with affiliate businesses. The Advance Pricing Agreement program launched by the Internal Revenue Service is a defensive strategy in preventing tax audits.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1999
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The TMA extends the olive branch
Article Abstract:
James Kaitz was appointed as new president and chief executive officer of the Treasury Management Association of Bethesda, Maryland to replace manager Don Manger. Kaitz earned experience as executive vice president and financial officer of the Financial Executives Institute. The new president i tasked with carrying out the institution's goal of furthering the interests of the treasury position. Kaitz's entry as manager of the association has been welcomed by industry insiders who stressed the need for a change in leadership.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1998
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A credential over the top?
Article Abstract:
The Certified Treasury Executive Program of the Treasury Management Association (TMA) is too expensive and too extensive for even experienced treasurers to handle. Each institute costs $2,950 with three required over the course of seven years. Moreover, no applicant may be accepted if he or she does not have a Ph.D., does not have a directorate position or does not have enough experience.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1998
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