Re:Vanguard's Low Blow
by walshemj on Friday February 12, 2016 @06:06AM
(#11086458)
No it isn't transfer pricing is transferring profits from a low to high tax country eg UK-> IE.
[ Parent
| on HN ]
Yes, in general that's the goal of transfer pricing. However, the way the rules are written it's not clear if they also apply to this case, particularly because the IRS does not recognize intent as a factor in transfer pricing rules.
To be clear, I do think this should be legal and kosher. But I sort of see how the argument could be made.