Transfer pricing a possible hearing subject for Ways and Means

A committee spokesperson did not respond to an inquiry on the subject. 

Transfer pricing has sort of become the tax shelter du jour as multinational companies shift assets to subsidiaries in low-tax jurisdictions and avoid taxation.

The European Union has already come down on the tactic and the IRS has increased its audits on the issue. 

Sources say the Ways and Means hearing is tentatively scheduled for July 22.