25 Feb 2008
Thomson Tax & Accounting Expert to Speak on Transfer Pricing Documentation at CITE Seminar
Carrollton, Texas Tax expert Eugene Gould from Thomson Tax & Accounting will discuss how multi-national corporations can prevent transfer pricing penalties in his presentation Preparing a Transfer Pricing Study at upcoming seminars hosted by the Council for International Tax Education, Inc. (CITE).
“Many corporate tax departments have difficulty preparing timely transfer pricing documentation, but could potentially save hundreds of thousands of dollars in penalties by doing so,” said Gould, Senior Consultant in Transer Pricing at Thomson Tax & Accounting. "Tax executives involved in multi-national tax compliance decisions should consider documentation studies as 'insurance' against paying penalties as well as a strateic method of regulatory compliance."
In his presentations at CITE’s seminars on U.S. International Transfer Pricing 101 in New York on Feb. 26 and in San Francisco on Mar. 11, Gould explains how to document related party transactions, access companies’ economic data for comparison and analysis, meet reporting requirements in multiple taxing jurisdictions, and use software to efficiently prepare the study.
Gould is employed at Thomson Tax & Accounting, a segment of The Thomson Corporation (NYSE: TOC; TSX: TOC), which provides transfer pricing expertise through its industry-leading CrossBorder Compliance software and CrossBorder Managed Outsourcing services. He has been a presenter at numerous professional tax seminars on international taxation and transfer pricing. Prior to joining Thomson Tax & Accounting, he was the director of Transfer Pricing for Grant Thornton LLP and was employed for 25 years by the IRS.
In addition, Gould is an Adjunct Professor at the Graduate School of Accountancy at C.W. Post College of Long Island University, where he teaches multi-national taxation for individuals, corporations, and other entities. He is a licensed Certified Public Accountant (CPA) and a member of the Federal Taxation Committee of the Nassau Chapter of the New York State Society of CPAs.
To learn more about CITE seminars, visit http://www.citeusa.org. For information on CrossBorder, visit http://www.xbsolutions.com or call 212-404-8600
The Thomson Corporation
The Thomson Corporation (www.thomson.com) is a global leader in providing essential electronic workflow solutions to business and professional customers. With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare. The Corporation’s common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
Thomson Tax & Accounting, a segment of The Thomson Corporation, is a leading provider of technology and integrated information solutions to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Thomson Tax & Accounting includes the Professional Software & Services, Corporate Software & Services, and Research & Guidance businesses. CrossBorder is a brand within Corporate Software & Services.