LDR’s Transfer Pricing Managed Audit Program

Transfer pricing examines the reasonableness of prices negotiated within transactions involving related parties (e.g., intercompany transactions). Those prices would usually be audited by the LDR during the course of a regular corporate income tax audit. Due to...

2021 Legislative Session Tax Summary

The Advantous team was actively involved in tracking all key tax-related measures in the legislative fiscal session of 2021. The Government Affairs Team specifically worked on and tracked important tax reform instruments to ensure a pro-business environment for our...

LA Supreme Court Rejects LA Manufacturer Appeal

LA Supreme Court recently rejected the appeal of an LA manufacturer whose sales tax refund on the purchase of a catalyst was denied due to failing to meet the high court’s own 3 part test regarding what qualifies as “materials for further processing”.  The Court’s...