Tax treatment of services under transfer pricing rules.

• Position: IRS News - Brief Article

The Treasury Department and IRS have issued proposed regulations on the tax treatment of services transactions, including those related to intangible property, under the related party transfer pricing rules.

The current regulations regarding related party services transactions were issued in 1968, and are the only part of those regulations that were not addressed by updated regulations in 1994 and 1995.

The proposed regulations provide guidance on the transfer...