Taxpayers face difficulties in tackling customs and transfer pricing
July 01, 2009
Differences in the application and enforcement of customs and transfer pricing rules causes significant problems for taxpayers according to advisers.
Similarities between customs and transfer pricing valuations has meant some taxpayers and their advisers have looked at handling the two calculations together. However, nuances in the application of these rules and their enforcement can lead to different treatments by the relevant government agencies, which can negatively affect companies.
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