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Lu cent Retirees Organization www.lucentretirees.com October 2011 The PRO Connection FALL NEWSLETTER President s Column When the Lu cent Retirement Organization was initially formed over eight years
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Form LRO (Limited Risk Operator) connection is a form used to report information about transactions with related parties that may impact transfer pricing.
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Taxpayers who engage in transactions with related parties and are subject to transfer pricing rules are required to file form LRO connection.
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The purpose of form LRO connection is to ensure that transactions with related parties are conducted at arm's length and to report any potential transfer pricing adjustments.
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Information such as details of related party transactions, transfer pricing methods, and financial data relevant to transfer pricing must be reported on form LRO connection.
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