Import Tariffs Threaten to Disrupt Corporate Tax Positions
Francisco Sánchez, co-head of the firm's International Trade Practice, was mentioned in a Bloomberg Tax article exploring how President-Elect Donald Trump's proposed tariffs would affect corporate tax planning. The article explained that imposing additional tariffs could significantly disrupt companies' transfer pricing strategies, making it challenging to value transactions and allocate costs accurately across international operations. This would likely increase tensions with tax authorities and complicate compliance with regulations as firms navigate substantial changes to their operating models and supply chain strategies. Mr. Sánchez compared these tariffs with those enacted under the first Trump Administration, saying the new proposals go much further.
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