With transfer pricing requirements for outbound related-party loans coming into full force in 2011, Singapore taxpayers are looking for efficient approaches for addressing their increased compliance requirements, say Geoffrey Soh, Michael deBruijn, Michelle McCarthy and Shelim Talukder of KPMG
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap