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The Next Phase of Transfer Pricing in Vietnam |
Hong Kong,
May 2010 - These new regulations are the clearest indication to date that the Vietnamese tax authorities are moving into a phase of transfer pricing enforcement, following the initial introductory period since 2006. As we have witnessed in neighbouring China and other Asian jurisdictions, the transfer pricing declaration form will be used by the tax authorities as the primary risk assessment tool to identify high risk taxpayers for further investigation.
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Transfer Pricing Associates forges Alliance with Tokyo Kyodo Accounting Office in Japan |
Tokyo, May 2010 - Transfer Pricing Associates is proud to announce that it has entered into an alliance with Tokyo Kyodo Accounting Office (TKAO), recognized as one of the leading independent business and tax advisory firms in Japan. The strategic alliance between the two firms will provide international best practice transfer pricing solutions to Japanese multinationals doing business globally as well as Japanese transfer pricing services to multinationals with a presence in Japan.
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China Releases Final Transfer Pricing Guidelines |
Shanghai, January 2009 - On 9 January 2009, the State Administration of Taxation (SAT) in China released the final version of the transfer pricing guidelines (in Guoshuifa [2009] No. 2) with effect from 1 January 2008. These guidelines clarify the requirements of the SAT for multinationals to comply with the arm’s length principle from the Chinese perspective...
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Transfer Pricing Associates forms Alliance with Edward Nathan Sonnenbergs Inc. in South Africa |
Amsterdam, April 2010 – Transfer Pricing Associates, the leading independent provider of global transfer pricing, customs and valuation services, is pleased to announce that it has entered into a non-exclusive alliance with Edward Nathan Sonnenbergs Inc., Africa’s largest law firm that provides extensive legal, tax (including transfer pricing), forensics and intellectual property advice to its largely corporate client base in South Africa and internationally.
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Dr Sowmya Varadharajan joins the Transfer Pricing Associates Team in Asia |
Singapore, April 2010 - Transfer Pricing Associates, leading independent provider of global transfer pricing and valuation services, is pleased to announce that Dr Sowmya Varadharajan has joined the firm’s award-winning transfer pricing team in Asia. Dr Varadharajan will be based in the Singapore office and will be focussed on providing best practice transfer pricing and valuations advice to the firm’s global clients mainly in the South East Asian region.
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The EU Joint transfer pricing forum (JTPF) released a report on low value adding intra-group service |
Amsterdam, April
2010 - The EU Joint transfer pricing forum (“JTPF”) released a report on low value adding intra-group services in February 2010. The main objective of the report purports to be the establishment of a reference framework for the assessment of such services.
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