Transfer Pricing Isn't Optional — Why Many Businesses Still Miss It

Transfer pricing is often viewed as an issue only for large multinational corporations, but many businesses with domestic or international intercompany transactions face transfer pricing obligations long before they realize it.

In this episode of Let’s Talk Tax, host Dave McGuire sits down with John Bodur, CPA, MBA, of McGuire Sponsel’s Global Business Services team to discuss why transfer pricing matters for businesses of all sizes. They explain how transfer pricing studies establish arm’s-length pricing for intercompany transactions, why domestic companies are increasingly using them for state income tax planning, and how evolving IRS and global compliance requirements are raising the stakes.

The conversation explores when a transfer pricing study is needed, common misconceptions surrounding Forms 5471 and 5472, growing documentation requirements in countries like Canada and Mexico, and the risks businesses face when studies are missing. John also shares how transfer pricing can become a strategic planning tool for cash flow management, acquisitions, and supply chain changes—not just a compliance exercise.

Whether you advise businesses with international operations or clients expanding across multiple states, this episode offers practical insights into one of today’s most overlooked tax planning opportunities.

Download our Transfer Pricing Guide

Additional Transfer Pricing Resources

What is Transfer Pricing?
The Transfer Pricing Solution in 2026
On-Demand Webinar: Transfer Pricing in 2026: Bridging Global Strategy and Compliance
Mexico’s Transfer Pricing Crackdown: What CPAs Should Know About Rising Audit Risk