Special Focus
Asia Transfer Pricing

Special Focus Archive

Asia Pacific: Asia Pacific tax authorities put taxpayers on high alert

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
Australia: Companies can expect an increased focus on transfer pricing

Anthony Seve, Tony Gorgas, Jane Rolfe, Glen Hutchings and Damian Preshaw of KPMG discuss two recent ATO rulings that are set to heighten the compliance risks for Australian taxpayers in the coming months
China: How China has developed its transfer pricing rules

Cheng Chi, Irene Yan, Leonard Zhang and Ho-Yin Leung of KPMG describe a transfer pricing system in China that is getting more sophisticated and international
Hong Kong: Tax reform brings transfer pricing to the fore in Hong Kong

There is a double taxation risk for Hong Kong taxpayers who fail to ramp up their transfer pricing approach, say Kari Pahlman, John Kondos, Kimberley Webb and Benoit Gabelle of KPMG
India: Ever increasing scrutiny and emerging key issues in India

It is often a battle to get your transfer pricing right in India. Combative tax authorities and uncertain systems of dispute resolution makes for a trying time for multinational enterprises, explain Rohan Phatarphekar and Rajan Sachdev of KPMG, and Manoj Pardasani and Hardev Singh of BSR & Co
Indonesia: Taxpayers are on guard as Indonesia steps up transfer pricing scrutiny

Indonesia has shown an active interest in transfer pricing over the last decade. Now that it has well developed rules, taxpayers will have to make sure they have policies to help to respond to requess for information, warn Graham Garven, Iwan Hoo and Iman Dwiristato of KPMG
Japan: Japan adds to transfer pricing clarity for multinationals

Over the last decade, the Japanese tax authorities have been expanding the basic transfer pricing principles by establishing tax regulations/guidelines and practices with taxpayers’ feedback, explain Daisuke Horiguchi and eight colleagues from KPMG.
Singapore: Increased focus on financial transactions in Singapore

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
South Korea: Taxpayers rush for protection from transfer pricing audits

After the global economic recession, the Korean tax authorities intensified their tax audits. To effectively defend against the tax authorities’ challenges, more taxpayers are considering the development of robust transfer pricing documentation or applying for an advance pricing arrangement, point-out Hwang Su Hyun, Ha Dong Hoon, Warren Chung and Ahn Sang Min of KPMG.
Taiwan: Leverage innovation investment with transfer pricing analysis

To cope with the significant changes in the industrial landscape and attempts to redefine Taiwan’s role in the global business arena, the Taiwan tax authority has significantly reshaped the tax system in the past few years. It is now high time for multinational enterprises to revisit their innovation strategies involving Taiwan, believe Sherry Chang, Karl Chan, Anita Lin and Debra Liu of KPMG
Thailand: Managing transfer pricing risk in Thailand

In the past decade, transfer pricing has played an important role in the Asia Pacific region. Thailand is no exception. The management of a multinational company with a subsidiary in Thailand or planning to establish one, should know how to manage transfer pricing risk in Thailand, explain Sorraya Boonsongprasert and Tatpicha Pipatmongkolchai of HNP Counsellors – Taxand Thailand
Vietnam: Transfer pricing audits provide challenge for Vietnamese taxpayers

Rapid developments in the Vietnamese regulatory and tax environment require taxpayers to consider the local complexities when undertaking supply chain planning, warn Hoang Thuy Duong, Rolf Winand, Ta Hong Thai and Tran Dong Binh of KPMG