Implementation holds the key for DRP success
May 13, 2010
Rohan Phatarphekar and Hasnain Shroff in India continue TPWeek’s discussion about the DRP process and expand on the practical implementation aspects.
The Indian transfer pricing regulations have been continuously developing. Formally introduced in 2001, the issues relating to interpretation and effective implementation surfaced during 2003, pursuant to commencement of focused transfer pricing audits, resulting in transfer pricing becoming the key tax risk for all multinational enterprises.
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