The Treasury Department has embraced the use of transfer pricing rules to assess the reasonability of those intercompany charges. #NewsismyBusiness
They warned that the online problems “affect taxpayer pockets."
Institutional fraud takes a $2.4 billion bite out of Puerto Rico’s economy, representing at least 3.5% of gross revenue, according to the “Portrait of Fraud in Puerto Rico 2020” study revealed by the Puerto Rico Society of CPAs. “The term occupational fraud can be defined as those acts committed by employees with the objective of […]