Publ 3218(redirected from Publication 3218)
A report that the IRS published in 1999 outlining the loss of tax revenue due to transfer pricing, which is the practice of reallocating U.S.-sourced income and deductions to a non-U.S. corporation, which does not pay U.S. taxes. The report estimated that the U.S. lost $2.8 billion in revenue each year due to transfer pricing.
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