Dear Valued Client,
On 1 September 2015, the General Department of Taxation (“GDT”) has issued Decisions 1574/QD-TCT and 1575/QD-TCT announcing the establishment of transfer pricing (“TP”) inspection teams at GDT and some major Provincial Departments of Taxation. These TP inspection teams will officially start their operation from 1 October 2015.
By this Alert, we would like to highlight notable points on functions and tasks of the newly established TP inspection teams at both levels as well as our recommendation for the enterprises to improve their compliance status and cooperation with tax authority during TP inspection.
Please click on the PDF attachment for more information and enjoy your read. We trust that this Alert will be useful to you.
With warm regards,
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