Ernst & Young Canada (E&Y) has added
eight senior professionals to its transfer pricing team.

Greg Noble, leader of E&Y’s transfer
pricing practice, says the addition will help the practice better
serve clients and work more effectively with Canadian tax
authorities.

Another reason for the expansion is new
regulations surrounding transfer pricing enforcement, which E&Y
says will lead to multiple jurisdictions competing over the same
taxable income.

E&Y predicts that in two years Canadian
multinationals will be facing greater tax risks, which will result
in more tax audits and disputes with tax authorities.

The new team members are Phil Fortier, Sandy
Goldberg, John Oatway, Gary Zed, Rene Fleming, Fred O’Riordan,
Kevin O’Reilley and Al Rizzuto.