We are pleased to present the latest issue of Transfer Pricing 360° - SKP's quarterly newsletter that aims at providing key insights into the recent transfer pricing developments in India and across the globe.
Transfer pricing remains the focal point for all the MNEs as the advent of Country-by-Country (CbC) Rules is imminent for 2017 and companies have started gearing up for it.
A brief overview of what's in this issue of Transfer Pricing 360°:
- In Focus Point, we discuss the principle for selecting the tested party, the scenarios wherein a foreign company can be selected as a tested party and the practical considerations associated with it.
- In India Updates, we talk about developments in India covering the revision of country chapter in the UN TP Manual, the amendment of the DTAA with Singapore, updates on the APA regime and closure of MAP cases with the USA.
- The Global Developments section discusses the important developments related to administration guidelines on CbC reporting in various jurisdictions, country-specific information/guidance on reporting related party transactions and applying the arm's length principle.
- In Jury's Word, we cover the recent tax rulings in India to assist taxpayers in understanding the judiciary's position on various contentious issues.
Please click here to read the latest issue of SKP's Transfer Pricing 360˚.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.