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ARTICLE · 10 MARCH 2015

Let The Training Begin: MTC Transfer Pricing Audits Draw Near

McDermott Will & Emery
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Deputy Executive Director Greg Matson (a nice guy at heart) announced this week that the Multistate Tax Commission (MTC) has hired its first transfer pricing training consultant and is scheduled to begin training state auditors.

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Stephen Kranz
Stephen Kranz
A. Tracy Gomes
A. Tracy Gomes
Diann Smith
Diann Smith
Eric Carstens
Eric Carstens
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Deputy Executive Director Greg Matson (a nice guy at heart) announced this week that the Multistate Tax Commission (MTC) has hired its first transfer pricing training consultant and is scheduled to begin training state auditors.  The training, titled "Identifying Related Party Issues in Corporate Tax Audits" will be hosted by the North Carolina Department of Revenue from March 31 to April 1, 2015 in Raleigh, North Carolina.  While the much anticipated Arm's Length Adjustment Service (ALAS, discussed in more depth in our February 6, 2015 blog post, available here) is still pending approval of the MTC Executive Committee and ratification at the annual meeting this summer, it has not stopped MTC officials from moving forward with training state auditors on transfer pricing.  This training (and any subsequent training offered before the annual meeting) will be conducted as part of the MTC's "regular training" schedule (and is not directly tied to the ALAS program since

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