Transfer Pricing and How to Handle the “Double-Edged Sword”

By David L. Bernard TaxBlawg’s Guest Commentator, David L. Bernard, is the former Vice President of Taxes for Kimberly-Clark Corporation, a past president of the Tax Executives Institute, and a periodic contributor to TaxBlawg. Transfer pricing among affiliated companies is the classic “double-edged sword”. When carefully designed, transfer pricing practices can cut a company’s effective … Continue reading Transfer Pricing and How to Handle the “Double-Edged Sword”

The Repatriation Dilemma Revisited

By David L. Bernard TaxBlawg’s Guest Commentator, David L. Bernard, is the recently retired Vice President of Taxes for Kimberly-Clark Corporation, a past president of the Tax Executives Institute, and a periodic contributor to TaxBlawg. My recent post titled The Repatriation Dilemma: Cash may be King, but is Earnings Per Share the Ace of Trump? … Continue reading The Repatriation Dilemma Revisited

The Repatriation Dilemma: Cash May Be King, But Is Earnings Per Share Trump?

By David L. Bernard TaxBlawg’s Guest Commentator, David L. Bernard, is the recently retired Vice President of Taxes for Kimberly-Clark Corporation, a past president of the Tax Executives Institute, and a periodic contributor to TaxBlawg. The financial press can’t stop talking about the amount of cash on corporate balance sheets. Journalists and arm-chair analysts alike … Continue reading The Repatriation Dilemma: Cash May Be King, But Is Earnings Per Share Trump?

LMSB’s Quality Examination Process – Ensuring its Application is “Fair and Balanced”

By David L. Bernard TaxBlawg’s Guest Commentator, David L. Bernard, is the recently retired Vice President of Taxes for Kimberly-Clark Corporation, a past president of the Tax Executives Institute, and a periodic contributor to TaxBlawg. In case you missed it, the IRS recently introduced a new approach to its audit management process, called the Quality … Continue reading LMSB’s Quality Examination Process – Ensuring its Application is “Fair and Balanced”

All Hands on Deck: The Case for Broadening the In-House Discussion of Tax Issues

By David L. Bernard TaxBlawg’s Guest Commentator, David L. Bernard, is the recently retired Vice President of Taxes for Kimberly-Clark Corporation, a past president of the Tax Executives Institute, and a periodic contributor to TaxBlawg. As the IRS sifts through dozens of comment letters on the proposed disclosure of uncertain tax positions, in-house tax officers … Continue reading All Hands on Deck: The Case for Broadening the In-House Discussion of Tax Issues

Tax Accounting Practices in a UTP Disclosure Environment

By David L. Bernard Tax Blawg’s Guest Commentator, David L. Bernard, is the recently retired Vice President of Taxes for Kimberly-Clark Corporation and a past president of the Tax Executives Institute. It is not too soon for in-house tax professionals to be thinking about how the disclosure of uncertain tax positions (required beginning with 2010 … Continue reading Tax Accounting Practices in a UTP Disclosure Environment