Scrutinising rules for transfer pricing

Scrutinising rules for transfer pricing

The implementation of the government’s Decree No.20/2017/ND-CP dated February 2017 and Circular No.41/2017/TT-BTC dated April 2017 – both effective from May 2017 and applied from the fiscal year of 2017 onwards – has raised several concerns among taxpayers regarding transfer pricing (TP) rules.
Grab bags $850 million from Japanese investors

Grab bags $850 million from Japanese investors

Grab will use the invesment to create accessible and affordable financial services for Southeast Asia in order to boost financial inclusion in the region.
SBV reneges on 49 per cent FOL proposal for fintech companies

SBV reneges on 49 per cent FOL proposal for fintech companies

The SBV has reneged on its intentions to add a 49 per cent FOL for payment intermediaries and fintech firms in the draft decree on non-cash payments.
Razer and Visa join forces to transform payments in Southeast Asia

Razer and Visa join forces to transform payments in Southeast Asia

Razer and Visa have announced a first-of-its-kind partnership that will transform payments in the gaming industry.
Unregistered POS payments cause tax losses

Unregistered POS payments cause tax losses

Using unregistered point-of-sale (POS) machines to transfer payment may result in tax losses for the local authorities, according to specialists.
Hà Nội to develop non-cash payments

Hà Nội to develop non-cash payments

The Hà Nội People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.
Mobile payment revenue to double

Mobile payment revenue to double

Mobile payments (m-payments) revenue in Asia-Pacific is expected to double from 2009 in the next five years, reaching $1.6 billion.
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