Publications

Tax policy in a deficit-driven world: 2012 legislative outlook
In this publication, PwC's Washington National Tax Services (WNTS) offers a preview of the challenges facing the new Congress in 2011, including the outlook for tax reform, deficit reduction measures, energy tax incentives, health care issues, and other tax policy matters of importance to today's business leaders.

The IRS's renewed emphasis on transfer pricing
Taxpayers should review their transfer pricing policies and documentation to ensure that they will withstand expected increased scrutiny by the IRS.

10Minutes on tax reform
10Minutes on tax reform provides PwC's perspectives on the political and economic events shaping the tax reform debate, and provides steps companies should be taking now to anticipate both risks and opportunities from likely tax reform scenarios, and prepare for potential outcomes.

Controversies overapplying Section 263A capitalization rules
IRS scrutiny of uniform capitalization issues increases the need for taxpayers to review their Section 263A computations, particularly with respect to such items as contingent royalties and negative costs.

The corporate tax conundrum
This background paper describes the taxation of corporate and non-corporate businesses in the United States, compares the US corporate tax system with that of its major trading partners, and describes the major economic distortions caused by the US rules for taxing income from capital.

Don't go it alone! The IRS collection process
The article examines the various steps of the IRS collection process and provides guidance for taxpayers and their advisors. FIN 48 and tax accrual workpapers: A new LMSB approach?  The Washington National Tax Services practice provides analysis of two IRS documents issued in 2007 that provide insights into how the IRS will use existing FIN 48 disclosures and how the IRS may be re-evaluating its long-standing "policy of restraint" on tax accrual workpapers.

Final regulations modify reportable transaction disclosure rules
This publication summarizes modifications made to the prior Section 6011 regulations regarding the disclosure of reportable transactions, including disclosures that taxpayers may be considering for tax returns expected to be filed.

Reducing risk: What every multinational company should know about international tax information reporting and withholding
Washington National Tax Services article outlining what every multinational company needs to know about international tax information reporting and withholding to minimize corporate risk.

Total tax contribution: How much do large US companies pay in taxes
PwC survey of taxes paid by corporations, using the Total tax contribution framework commissioned by the Business Roundtable.

10Minutes on international tax increases