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Transfer pricing in Russia – Still waiting for the approval of the new rules » Although programmed to be released and applied starting with 1 January 2011, the new transfer pricing rules are still waiting the final approval of the Russian Parliament. The revised draft law on the new Russian transfer pricing rules was made public in October 2009 and passed Russian Parliament fi...
Ireland Set For New Transfer Pricing Rules » Speaking at PricewaterhouseCoopers’s ‘Supporting Growth - Protecting Wealth’ conference, Siobhan Baldwin, Tax Director in PwC’s Private Company Services arm, warned of changes to Irish transfer pricing rules that will affect arrangements made after July 1, 2010. She told participants that in the mos...
EU Joint Transfer Pricing Forum Report on Small and Medium Enterprises » At the June 2011 meeting of the EU Joint Transfer Pricing Forum (“JTPF”), a report entitled “Small and Medium Enterprises and Transfer Pricing” was released that considered the impacts of transfer pricing on Small and Medium Enterprises (SMEs). The report notes that there are around 1.15 million SME...
Indonesia | New Transfer Pricing Regulations » The transfer pricing landscape in Indonesia continues to evolve at a rapid rate. The Indonesian transfer pricing guidelines issued last year (Director General of Tax (DGT) PER-43/PJ/2010 or “DGT 43”) have been amended by PER-32/PJ/2011 (“DGT 32”). The new regulation DGT 32 provides additional guidan...
Transfer Pricing Associates forms Alliance with Grupo Camacho in Costa Rica » Transfer Pricing Associates announces its alliance with Grupo Camacho, a Costa Rica-based international consulting firm, rendering its services to clients in Central America (Guatemala, Honduras, Belize, El Salvador, Nicaragua, Costa Rica and Panama).Read more >>
APAs Are Of Age! » Amsterdam, 2011 - There are now about 30 countries that have Advance Pricing Agreement (“APA”) programs. Since these programs began in Japan in 1986, the use of APAs has become a familiar part of international tax and effective tax rate planning for multinationals. As tax authorities in all coun...
IP companies and substance: No-fly zones? » Amsterdam - Transfer Pricing Associates, the leading independent provider of global transfer pricing and valuation services, is pleased to announce that an article entitled “IP companies and substance: no-fly zones?” will be published in BNAI's Transfer Pricing International Journal, Vol.12, No.5, M...
Transfer Pricing Associates forms Alliance with DGR Consultores in Uruguay » Amsterdam - Transfer Pricing Associates, the leading independent provider of global transfer pricing and valuation services, is pleased to announce that it has entered into an alliance with DGR Consultores, a Uruguay based international consulting firm dedicated to the solidity and excellence of the...
China SAT issues its first APA report » Shanghai, 2011 - The China State Administration of Taxation (SAT) on 30 December 2010 issued its first-ever annual report regarding its advance pricing arrangement (APA) program. The report, titled “China Advance Pricing Arrangement Annual Report (2009)”, includes an introduction to China’s APA prog...
UK releases Final Statement of Practice on APAs » London - Following the release in September 2010 of a draft Statement of Practice on Advance Pricing Agreements (APAs), the UK tax authority (HMRC) issued in December 2010 the final version of the Statement of Practice (SP2/10). This Statement of Practice replaces a 1999 Statement of Practice.Read m...
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