Tax ControversyCornerstone Research provides a multidisciplinary approach to addressing issues arising in complex tax matters. We draw on expertise in economics, accounting, finance, marketing, and technology in our consulting to taxpayers and the Internal Revenue Service. Tax Controversy CapabilitiesTransfer Pricing of Intangible Assets Cornerstone Research has assisted experts for both taxpayers and the IRS opining on a wide variety of issues in transfer pricing matters. Our work has covered all stages of disputes, including discovery, expert report filings, depositions, and trial. We have worked on disputes involving transfer pricing–related transactions such as platform contributions, licensing, and cost-sharing agreements. Our experience involves taxpayers operating in the technology sector (such as online platforms), computer software and hardware, consumer packaged goods, medical devices, and the pharmaceutical industry. Intercompany Financing Transactions Cornerstone Research has worked on matters involving whether interest charged in intercompany financing transactions reflects the risk of the entity receiving a loan. Our experience includes:
Tax-Advantaged Transactions Cornerstone Research has worked with experts to assess the economic substance of complex transactions. Our experience includes:
Financial Asset Transactions In tax dispute contexts, Cornerstone Research has experience valuing covered stock option awards, warrants, uncertain tax benefits, and deferred tax assets, among other financial assets. We have analyzed corporate and individual tax treatments of employee stock options related to stock option backdating allegations. For corporations, we examined the financial statement changes of alternative treatments and gauged whether those were material changes. For individuals, we reviewed how they reported their stock options on their taxes as evidence of when and how stock options were granted. Business Classification Cornerstone Research has assessed whether entities meet the criteria to qualify to be classified as a certain kind of business for tax purposes. For example, we have performed assessments of whether an entity should qualify as a not-for-profit. |