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Rocco Femia Discusses Transfer Pricing Coordinated Issue Paper in Daily Report for Executives

Subtitle
"Transfer Pricing - Musher Addresses Stakeholder Criticisms Of Coordinated Issue Paper on Cost Sharing"

Bloomberg BNA Daily Report for Executives

Rocco Femia notes that the CIP and the proposed cost-sharing rules on which it is based allow for more reasonable treatment under contingent payment arrangements going forward. Femia adds, however, for a five-year-old cost-sharing arrangement, "is it fair to impose in an audit context a method that is not specified and that requires work to have been done then that can't be done now?"