September 06, 2021 | 08:00
As the central city of Danang continues to be an attractive destination for foreign-invested enterprises, the city is expected to see more scrutiny on transfer pricing from local tax authorities and rising demand for related consultation services.
January 04, 2021 | 08:56
Inspections against transfer pricing will be increased as per a proposal by the Ministry of Finance in the context that more than half of foreign direct investment (FDI) enterprises reported losses.
November 14, 2020 | 09:47
The Government’s recently-issued Decree 132/2020/ND-CP would help prevent transfer pricing and limit thin capitalisation to develop a healthy investment market, Deputy Director of the General Department of Taxation Dang Ngoc Minh said.
October 21, 2020 | 10:39
Besides a multitude of temporary supply solutions, multinational corporations (MNCs), especially those operating in China, have considered alternative production bases outside this nation in order to optimise operations as well as tax-related matters in the long run.
June 15, 2020 | 14:57
The ongoing pandemic has been affecting economies around the world. Under its impacts, companies have faced many business risks. Transfer pricing risks in particular may affect companies which have incurred losses during the last few months.
April 30, 2020 | 08:00
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.
March 12, 2020 | 14:00
The extent of economic restraints caused by COVID-19 now cannot be known, but the Vietnamese economy will not grow as was estimated until recently.
February 17, 2020 | 09:07
The growth of foreign-invested enterprises (FIEs) in Vietnam has recently raised increasingly complicated tax concerns. These problems arise primarily from the practical issues of determining the transaction price between FIEs and their related parties.
January 18, 2020 | 12:30
The Hanoi Tax Department will scrutinise transfer pricing among foreign-invested enterprises in 2020, announcing it as its key task for the year.
July 29, 2019 | 17:05
As Vietnam tightens its grip on transfer pricing, firms are being advised to keep themselves posted on how to record transactions of related parties.
April 02, 2019 | 09:34
Gran Thornton Vietnam wil hold its bi-annual Business Tax and Regulation Seminar on April 16, 2019 at Lotte Legend Hotel Saigon, Ho Chi Minh City.
November 26, 2018 | 08:37
New principles for determining transfer prices in related party transactions (RPTs) were issued for transfer pricing audits and inspections. However, taxpayers applying the principle of called “substance-over-form” are facing some common circumstances and risks.
November 21, 2018 | 09:38
The year 2018 is going to end soon but the giant Sabeco seems to have an “unlucky” year with ghost of its past returning to haunt it.
November 14, 2018 | 17:46
The foreign-invested enterprises which have been running large, prolonged losses and large related-party transactions, will be inspected for tax compliance.
November 12, 2018 | 12:28
Experts say that transfer pricing is not an illegal activity, but fraudulent pricing and abusing transfer pricing for the purpose of tax evasion are.