Knocking transfer pricing on the head

Knocking transfer pricing on the head

Transfer pricing is increasingly raising its ugly head. Deputy minister of Finance Do Hoang Anh Tuan told VIR the tax sector not only took drastic measures to fight transfer pricing at foreign-invested enterprises, but local firms were also subject to strong actions.
Firms learn to pay the market rate

Firms learn to pay the market rate

The business community has reacted strongly towards new land rental rates pursuant to Decree 121/2010/ND-CP of December 30, 2010.