Asia unites to combat transfer mispricing

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Asia unites to combat transfer mispricing

Asian countries are discussing a unified strategy to tackle transfer mispricing in the region this week.

asia150.jpg

The Study Group of Asian Tax Administration and Research (SGATAR) is meeting in Mandaluyong City, in the Philippines, between September 3 and 5. The meeting is being hosted by the country’s Bureau of Internal Revenue (BIR).

Kim Jacinto-Henares, BIR commissioner, said the annual gathering “will discuss recent developments in transfer pricing as an important international taxation issue to tax administrators in the region”.

“We will share the best practices and experience in the handling of transfer pricing cases among member tax agencies,” she added.

SGATAR is an international tax research institution, organised by tax administrators in the Asia-Pacific region, and now has a membership of 16, which includes:

  • Australia;

  • People’s Republic of China;

  • Hong Kong SAR;

  • Indonesia;

  • Japan;

  • South Korea;

  • Macau SAR;

  • Malaysia;

  • Mongolia;

  • New Zealand;

  • Papua New Guinea;

  • Philippines;

  • Singapore ;

  • Chinese Taipei;

  • Thailand; and

  • Vietnam.

The group's next meeting will be in Thailand on November 19 to 22. This meeting is just one week before International Tax Review and TPWeek's Transfer Pricing Forum (Asia), which will be held in Singapore on November 28 and 29. Speakers include the UN, the OECD, the World Customs Organisation, Gucci, Schneider Electric, Standard Chartered, Dell and Time Warner.

more across site & shared bottom lb ros

More from across our site

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
Further empowerment of HMRC enforcement has been praised, but the pre-Budget OBR leak was described as ‘shambolic’
Michel Braun of WTS Digital reviews ITR’s inaugural AI in tax event, and concludes that AI will enhance, not replace, the tax professional
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
The Brazilian law firm partner warns against going independent too early, considers the weight of political pressure, and tells ITR what makes tax cool
The lessons from Ireland are clear: selective, targeted, and credible fiscal incentives can unlock supply and investment
The ITR in-house award winner delves into his dramatic novelisation of tax transformation, and declares that 'tax doesn’t need AI right now'
Recent news of job cuts at EY is symptomatic of how the PwC controversy has tarnished the reputation of the entire ‘big four’
Experts reportedly discussed extending the safe harbour to 2027 to give countries more time to legislate; in other news, Baker McKenzie and Greenberg Traurig made senior tax hires
Awards
Submit your nominations to this year's WIBL Americas Awards by January 23
Gift this article