Taxpayers in Asia face the twin challenges of increased scrutiny from jurisdictions with long-standing transfer pricing regimes and greater awareness of connected issues such as the interaction with customs, in contrast to those countries for whom transfer pricing enforcement is still new, explain Kari Pahlman, John Kondos and Alex Capri of KPMG
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Defending loss situations in TP is not about denying the existence of losses but about showing, through proactive measures, that the losses reflect genuine commercial realities
The report is solid and balanced as it correctly underscores the ambitious institutional redesign that Brazil has undertaken in adopting a dual VAT model, experts tell ITR
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