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How do you rate your relationship with your CFO

Very good, they understand TP requirements well enough
7%
Good but there's room for improvement
29%
Good but TP is not their main concern
51%
They do not understand the requirements of the TP department
12%


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Transfer pricing not a priority for the Philippines' new commissioner

December 10, 2008

The Philippines' wait for transfer pricing regulations is set to continue with the appointment of a new tax chief who, says tax professionals, is in no hurry to introduce any new rules.

The Philippines has been waiting for transfer pricing regulations since 1997. The Bureau of Internal Revenue (BIR) released draft regulations in August 2006.

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