Vietnam: New transfer pricing regulations

Vietnam: New transfer pricing regulations were released on 5 November 2020 and apply for financial year 2020 and going-forward. Transfer pricing benchmarking There have been some interesting changes directly related to transfer pricing benchmarking: Commercial databases are now explicitly referred to as a valid source of comparables for both taxpayers and tax authorities. "Secret comparables" [...]

By |2020-11-09T20:03:37+00:00November 9th, 2020|Benchmarking, Documentation, Europe|0 Comments

IRS Launches Compliance Campaign for Captive Services

US: The IRS has launched a compliance campaign to ensure US multinational companies are paying their captive service providers no more than arm's length prices. Source: IRS The section 482 regulations and the OECD Transfer Pricing Guidelines provide rules for determining arm’s length pricing for transactions between controlled entities, including transactions in which a foreign [...]

By |2019-04-24T07:18:39+00:00April 24th, 2019|Benchmarking, North America|0 Comments