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Developing An Effective Transfer Pricing Strategy For Your Business - Transfer Pricing - Vimarsana News

Developing An Effective Transfer Pricing Strategy For Your Business - Transfer Pricing

Transfer pricing is a financial and tax accounting practice that determines the prices at which related entities within a multinational corporation transact with each other for goods, services, or...

Source: mondaq.com
Rs 20 lakh cr pending direct tax demands under litigation: Govt official - Vimarsana News

Rs 20 lakh cr pending direct tax demands under litigation: Govt official

Of the pending demands, Rs 3,500 crore will be waived, as per the Budget announcement on Feb 1, 2024.

IRS's Implicit Parental Support Guidance 'Formalizes' Past Litigation Position | Morgan Lewis - Vimarsana News

IRS's Implicit Parental Support Guidance 'Formalizes' Past Litigation Position | Morgan Lewis

The Internal Revenue Service (IRS) recently issued a nonbinding Generic Legal Advice Memorandum (GLAM) that provides advice on Internal Revenue Code Section 482 and so-called implicit...

Concessional corporate tax rate of 15% for eligible 'start-ups' has not been extended beyond March 31, 2024 - Vimarsana News

Concessional corporate tax rate of 15% for eligible 'start-ups' has not been extended beyond March 31, 2024

No extension of concessional tax rate: Interim Budget 2024 has disappointed the manufacturing start-up companies by not extending the sunset date for concessional corporate tax rate of 15% beyond March 31, 2024. Some industry experts are of the opinion that this non-extension might impact the government's Make In India initiative.

UAE Corporate Tax: Businesses need not be overawed by transfer pricing and 'arm's length' - Vimarsana News

UAE Corporate Tax: Businesses need not be overawed by transfer pricing and 'arm's length'

But first, related entities must keep updating their awareness of transfer pricing