Transfer pricing enquiries by tax authorities are on the rise. And it is going to become increasingly expensive for unprepared businesses to deal with these enquiries, both in terms of dedication of internal resources and tax advisers’ fees – not to mention the potential penalties or tax adjustments which could lead to double taxation.
In a world becoming increasingly hostile to aggressive tax planning, it should be no surprise that authorities in almost all jurisdictions are looking not only at their own tax legislation to stamp this out, but also at international tax.
This guide will help you navigate the rules and ensure you can put defensive measures in place to protect yourself from the increasing likelihood of a fiscal audit or enquiry.
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