Chainbridge Methods Flawed and Unsupported by Law, Kranz Says

Stephen Kranz wrote this letter to the editor that critiqued the methods used by a company for conducting state transfer pricing audits for the District of Columbia as being “flawed and unsupported by law.” Mr. Kranz put his criticism “in the larger context of states paying to administer tax laws on a contingent fee basis,” noting that “I (and Diann Smith, who serves with me as counsel on many of these matters) have consistently and strongly advocated against the use of contingent fee remuneration for state revenue-related assessments for years.”