Of late, there has been considerable focus given by governments and international organizations as to whether there should or could be “convergence” of the transfer pricing and customs valuation rules. Using U.S. to Canada cross-border transactions as the basis of discussion, Darrel Pearson, along with Richard Gottlieb and Stephen J. Savati, focus on certain aspects of the matter. This article was published by Duff & Phelps in the third quarter of 2008 edition of Transfer Pricing Insight, a quarterly newsletter addressing transfer pricing developments and issues.