SINGAPORE LEGISLATION AND BEPS PROJECT Singapore has committed to the global implementation of the BEPS Project proposed by the OECD. Particularly, a lot of attention has been given to Actions 8-10, pertaining Transfer Pricing (TP). More precisely, the cornerstone for TP law in Singapore comprises the Income Tax Act. The Income Tax Rules of 2018 … Read more
BEPS AND MALAYSIA TRANSFER PRICING RULES The widely known Base Erosion and Profit Swifting (BEPS) OECD initiative has drastically affected the Transfer Pricing (TP) landscape, globally, as it constitutes a crucial denominator for corporate taxation. Malaysia, being an OECD member, shows an admirable adherence to the said rules. Therefore, Malaysian TP legislation merits a brief … Read more
Dealing with cases which have potential Transfer Pricing (TP) implications in Panama, requires a high level of expertise. Given that Panama is not an OECD member; an extended experience is necessary where the OECD practices are not applicable. The TP legal framework of Panama constitutes a hybrid since the OECD TP Guidelines are not directly … Read more
Liberia is a typical example amongst the developing African countries making noticeable effort to expand their tax base to the size it should appropriately be, therefore collecting more taxes and adapt in the fast-changing local and global business environment. To that end, Transfer Pricing Regulation (TPR) was introduced by the Liberia Revenue Authority (LRA) with … Read more