We refer to our Annual Tax Seminar in September where we discussed the proposed establishment of specialist transfer pricing audit divisions in Hanoi, Ho Chi Minh City, Binh Duong and Dong Nai. This has now come into effect.

With the establishment of these specialist divisions, we can now expect an increase in the number of transfer pricing audits. This specialisation on transfer pricing within the tax departments will also lead to more complex and sophisticated transfer pricing audits than has hitherto been the case.

Please contact us if you need further information on this development.

***** This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. For further information, please contact: Monica Mindszenti – Leader of PwC Vietnam’s Transfer Pricing Practice, email monica.mindszenti@vn.pwc.com

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