Elizabeth Stevens Weighs in on Pandemic Year-End Planning

Just as Congress starts its Thanksgiving break, there’s a bit of movement in the frozen talks about another round of coronavirus relief.

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How to treat government subsidies, for example, would be an issue. And how to value cross-border transactions—transfer pricing—when so much has changed.

Companies normally are careful to plan transfer pricing in advance. “But this is the year where something crazy happened,” said Elizabeth Stevens, a Member at Caplin & Drysdale.

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