Transfer Price vs. Standard Cost: What's the Difference?
Learn about the difference between transfer pricing and standard cost and how companies decide what to charge for products ...
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NBR begins first transfer pricing audit to detect any tax evasion by MNCs
Heidelberg, Daraz, and P&G are the first to be audited by the revenue authority, with more companies set to face audits soon ...
CBDT notifies tolerance range for transfer pricing
Transfer pricing is an accounting mechanism to determine price of a good and service transferred from one arm of a company to ...
Treasury Aims for Global Transfer Pricing Guidance by Year's End
The Treasury Department intends to release guidance soon related to the transfer pricing framework under the OECD’s global tax deal.
The Star9d
Enhancing transfer pricing regulations
In May 2023, Malaysia took a significant step towards fortifying its tax system with the introduction of the Income Tax (Transfer Pricing) Rules 2023 (TP Rules 2023). Amidst a backdrop of other ...
MediaNama7d
Income Tax Department knocks on Truecaller’s door, reports site concern with transfer pricing policies
The probe reportedly centers on Truecaller’s transfer pricing practices—a framework for pricing transactions within ...
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MoF and OECD forum takes up international taxation rules
The Ministry of Finance (MoF), in collaboration with the Organisation for Economic Cooperation and Development (OECD), hosted ...
Zawya1d
MOF organises joint forum with the OECD on international taxation
Dubai: The Ministry of Finance (MoF), in collaboration with the Organisation for Economic Cooperation and Development (OECD), ...
BusinessWorld22d
A transfer pricing wishlist
To be more specific, I am hoping for a more sophisticated transfer pricing (TP) practice in the Philippines. Compliance with TP rules serves as the backbone for the fair distribution of profits among ...
Hespress on MSN9d
Morocco targets multinational tax evasion in major transfer pricing audit
The Transfer Pricing and Special Operations Monitoring Department, part of the Directorate General of Taxes’ Audit and Appeals Operations Division, has launched an extensive audit in coordination with ...