Your client, a public corporation, has received a Revenue Agent's Report (RAR) from the IRS proposing a

Your client, a public corporation, has received a Revenue Agent's Report (RAR) from the IRS proposing a significant income tax liability relating to a transfer pricing issue.
A) Briefly discuss the purpose of the RAR and options available to your client.
B) What factors should your client consider before taking action?

Answer rating: 100% (QA)

A The Revenue Agent Report RAR refers to detailed do... View the full answer