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IRS Forms 'SWAT Team' To Crack Down On Corporate Tax Dodgers (Huffington post)

* Tax evasion by 'transfer pricing' a top target for agency

* Talent coming in from Big Four audit, law, consulting firms

* 'The deck is stacked against them' - academic on IRS

By Patrick Temple-West

WASHINGTON, March 20 (Reuters) - The U.S. Internal Revenue Service is staffing
up with high-powered talent to crack down on companies shifting profits from
country to country to lower their tax bills, a hot strategy the agency has
targeted before with only limited success.

The IRS showed its elevated concern on the issue, known as "transfer pricing,"
last May by hiring Samuel Maruca to fill the newly created post of transfer
pricing director.

He has since brought aboard specialists from Big Four audit firms KPMG and
Ernst & Young, as well as law firm Mayer Brown and boutique consultancy Horst
Frisch.

Maruca, who came from law firm Covington & Burling, is still recruiting. He
told Reuters the agency previously had "had a difficult time attracting and
retaining economists."

Now, he said, the IRS's international group "has significant external hiring
authority."

Transfer pricing is a booming field of global tax law. It involves
multinational corporations that are constantly moving goods, services and
assets from one subsidiary ...

Huffington post

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