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Workshop discusses int’l experience of transfer pricing

Workshop discusses int’l experience of transfer pricing

The opposing viewpoints of domestic and foreign experts on transfer pricing – a hot topic attracting much public interest in recent times – were the focus of a workshop held by the American Chamber of Commerce in Vietnam (AMCHAM) in Hanoi on November 9.

Workshop on transfer pricing held in Hanoi

Workshop on transfer pricing held in Hanoi

An international workshop on “Transfer pricing – Critical issues of current state management” was held in Hanoi on July 19, drawing 200 delegates from the National Assembly, ministries, central and local agencies, professional associations, universities, research institutes, international organisations, domestic and foreign businesses.

State budget collection up 5.3% in Q1

State budget collection up 5.3% in Q1

Total revenue of the State budget reached VND308.4 trillion (US$13.6 billion) in the first quarter of 2018, equivalent to 23.4% of the yearly estimate and up 5.3% year-on-year, said the Ministry of Finance.

Tax reform and transfer pricing

Tax reform and transfer pricing

2016 marked a major watershed regarding transfer pricing in Vietnam, with regulations now having been in effect for a decade, and the announcement of a new round of tax reforms by the Ministry of Finance (MoF) introducing regulatory changes to tackle base erosion profit shifting practices.

Cracking down on tax evasion

Cracking down on tax evasion

Significant changes in the newly-released draft decree on transfer pricing and tax erosion avoidance is grabbing companies’ attention on the matter of compliance.

Vietnam to inspect major firms after Metro tax case

Vietnam to inspect major firms after Metro tax case

Many major companies operating in Vietnam will soon come under tax inspections on suspicions of transfer pricing, an official from the inspectorate of the General Department of Taxation said on April 22.

APA – an effective remedy against transfer pricing

APA – an effective remedy against transfer pricing

(VOV) - Enforcing the Advance Pricing Agreement (APA) mechanism is considered an effective solution for combating transfer pricing which has been reportedly increasing among multinational corporations (MNCs) in Vietnam.

Keeping market prices under control in 2014

Keeping market prices under control in 2014

(VOV) - Finance Minister Dinh Tien Dung has confirmed the financial sector will use necessary instruments for managing market prices to support the government’s macroeconomic stabilisation efforts.

Transfer pricing still out of control

Transfer pricing still out of control

Transfer pricing by foreign direct investment (FDI) businesses is causing a headache for management agencies, as this unhealthy practice has a detrimental effect on the economy.