Steven C. Wrappe, Principal of Ernst & Young LLP to Speak at Knowledge Congress' on Transfer Pricing 101 Event on 08/19/2009

New York, NY, July 16, 2009 --(PR.com)-- The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcast announced today that Steven C. Wrappe, Principal, International Tax Service, of Ernst & Young’s National Transfer Pricing Group will speak at the Knowledge Congress’ upcoming webcast entitled: “Transfer Pricing 101 Live Webcast”. This 2-hour event is scheduled on August 19, 2009, Wednesday, at 3:00 PM - 5:00 PM ET. (For more information please visit: http://www.knowledgecongress.org/event_2009_transfer101.html)

Need a primer on the fundamentals of Transfer Pricing? Look no further as The Knowledge Group has the solution via its Transfer Pricing 101 Live Webcast. This webcast is designed for tax, accounting and business professionals and will provide basic information on intercompany transfer pricing from a US tax perspective including:

- What are related party transactions and what control means for purposes of IRS Section. 482
- How the US Transfer Pricing Regulations Apply to Related Party Transactions of Tangible Goods, Intangibles, and Services
- Considerations Under the New Services Regulations
- What are the US Compliance Documentation Requirements
- How the US Transfer Pricing Penalty Regime Works
- What is contained in a Transfer Pricing Study Under the Guidelines of Section 482

Transfer Pricing 101 Live Webcast is a must attend webcast for professionals seeking to understand the fundamentals of Transfer Pricing and how it may apply to their company.

About Steven C. Wrappe

Steven Wrappe is in Ernst & Young LLP’s International Tax Services Transfer Pricing practice and is located in Washington, D.C. He brings over 25 years of tax experience, including over 15 years of extensive focus on all aspects of transfer pricing. Steve’s knowledge in transfer pricing controversy includes: examination, appeals, ADR solutions, advance pricing agreements (APAs), mutual agreement procedures (MAPs), and Customs agreements. His combined APA/MAP experience includes in excess of 100 cases.

Previously, Steve was a partner at a global law firm and, prior to that, spent 10 years as a partner and Director of the APA practice at Deloitte Tax. Steve also brings a wealth of government experience to Ernst & Young, having served as an attorney at the IRS Office of Associate Chief Counsel (International) Advance Pricing Agreement Program.

Steve is actively involved in the international tax and transfer pricing community. He recently served as Chair of the Transfer Pricing Committee of the American Bar Association’s Tax Section. He serves on the Board of Advisors of the NYU School of Law – International Tax Program and BNA Tax Management (Transfer Pricing). Steve is an Adjunct Professor (Transfer Pricing) at Georgetown University Law Center, has published two books and numerous articles on transfer pricing topics, and speaks globally on transfer pricing and dispute resolution.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services aiming to have a positive impact on businesses and markets, as well as on society as a whole.

For more details, please visit: www.ey.com

About The Knowledge Congress

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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