John P. Warner, shareholder in Buchanan’s tax section, was quoted in The Recorder article titled “Why Facebook May Fight the IRS in Tax Probe” about Facebook’s transfer of assets to its Irish holding company in 2010.
"If you're the Facebooks of the world and you've got these precedents that aren't favorable of the IRS's position on transfer pricing, you're maybe a little skeptical of the some of the IRS's analysis and reasoning and fact-finding," said John Warner. It's certainly another reason to go to the tax court," he said.
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