In today's episode, EY Financial Services Transfer Pricing leader and host Jonathan Thompson unpacks the Internal Revenue Service (#IRS) Priority Guidance Plan. This plan, released annually by the U.S. Department of the Treasury and the IRS, outlines the key tax issues that will be addressed through regulations, revenue rulings, procedures, notices, and other forms of published guidance over the next year.

Jonathan is joined by EY's National Transfer Pricing Controversy Leader, Ryan Kelly for his take on the latest priority guidance for transfer pricing, what it means and what #MNEs should be thinking about for 2025.