The Louisiana Department of Revenue (the Department) released Revenue Information Bulletin No. 21-029 announcing the "Louisiana Transfer Pricing Managed Audit Program." Beginning Nov. 1, 2021, eligible corporations may request to participate in the program in order to resolve intercompany transfer pricing issues with the department. Newly registered taxpayers, existing taxpayers, and taxpayers currently under audit by the department may participate in the program. Taxpayers may request to participate in the program until April 30, 2022, and all managed audits must be closed by June 30, 2022. Continue reading >