In this article Fenwick tax partner Larissa Neumann and tax associate Einav Axler explain how multinationals can best decide if they should enter the International Compliance Assurance Program, which assesses tax risk across numerous tax jurisdictions. They explore the pros and cons that companies should consider before entering the program, and determine what international issues are significant enough to warrant the upfront investment for ICAP, a process that requires deep understanding and comprehensive analysis of the company’s global transfer pricing and international tax structure.
Read the full commentary and analysis in Bloomberg.