Transfer Pricing / All

The reduction of the corporate income tax rate from 30 percent to 20 percent in 2013 has increased the Thai Revenue Department’s (TRD) focus on tax compliance and tax collection transfer pricing is one of the major audit areas by the TRD as the tax assessment can be significant.

The transfer pricing regulations in Uganda only came into effect on 1 July 2011.

HMRC supports the Organisation for Economic Co-operation and Development's (OECD) Base Erosion and Profit Shifting (BEPS) initiative and the UK is expected to be an early adopter of the recommendations arising from the BEPS Action Plan.

On 1 September 2013, a Law of Ukraine “On the Amendments to the Tax Code of Ukraine Regarding Transfer Pricing” became effective

After transfer pricing rules were introduced in Uruguay in 2007 in the context of a global tax reform

The Venezuelan Tax Administration has introduced several new procedures and rules.

In line with the Action Plan on transfer pricing management for the 2012-2015 period (Action Plan) announced by the Ministry of Finance (MOF) in 2012

The Zambian transfer pricing provisions are enshrined in the Income Tax Act (ITA), Chapter 323 of the laws of Zambia. Currently, there are no detailed rules on transfer pricing in Zambia.

Transfer pricing is now a hot topic in Luxembourg.