3 ms·
That only applies if it is, in fact, legal. We have specific laws in place to prevent corporate tax evasion through unrealistic transfer pricing, and it's uncle
by morgante 11y ago
That only applies if it is, in fact, legal. We have specific laws in place to prevent corporate tax evasion through unrealistic transfer pricing, and it's unclear if Vanguard falls afoul of those rules.
- walshemj 11y agoNo it isn't transfer pricing is transferring profits from a low to high tax country eg UK-> IE.
- morgante 11y agoYes, 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.