French tax authority auditors saw a spike in recovered unpaid taxes last year, led by adjustments on corporate transfer pricing positions and other international tax arrangements.
The agency boasted a 23% growth in business taxes recovered through audits in 2024, bringing the total haul to €5.2 billion ($6.05 billion), according to a Friday release.
Transfer pricing audits made up 64% of that amount, or about €3.3 billion, the Directorate General of Public Finances said.
Transfer pricing is how companies value transactions between affiliates. Disputes often arise over whether the values of those transactions were set correctly or if ...