Asia-Pacific Transfer Pricing Handbook.


Robert. Feinschreiber
Bok Engelsk 2012 · Electronic books.
Omfang
1 online resource (706 pages)
Utgave
1st ed.
Opplysninger
Intro -- Asia-Pacific Transfer Pricing Handbook -- Copyright -- Contents -- Preface -- Part One: Country-By-Country Analysis -- Chapter 1: Introduction -- Part One: Country-by-Country Analysis -- Part Two: Advanced Applications -- Chapter 2: Australia's Risk Assessment Transfer Pricing Approach -- Introductory Issues -- Transfer Pricing Reviews -- Documentation Requirements -- Preparation of the Documentation File -- Applying the Arm's Length Principle -- Simplified Approach to Doing a Benchmarking Study -- Four Steps for Testing International Transfer Prices -- Decision Tree -- How the ATO Scores Risk -- Scoring the Three Levels -- Score Graph -- Outcome of Transfer Pricing Review or Audit -- Audits Taking Place in Low-Risk Situations -- Transfer Pricing Review Process -- Categorizing the Results of the Transfer Pricing Review -- How the Australian Transfer Pricing Audit Procedure Works -- Australia's Four-Step Process for Businesses -- Chapter 3: Profit Attribution for a Dependent Agent's Permanent Establishment in Australia -- Permanent Establishment Concepts in Australia -- Profit Attribution Concepts in Australia -- The ATO's Operational Approach -- Determining Functional Analysis for a Permanent Establishment -- Comparative Analysis for the Permanent Establishment -- Application of the Resale Price Method -- Application of the Cost Plus Method -- Using a Transactional Net Margin Method -- Using a Profit Split Method -- Toll Manufacturers -- Four Examples -- Example 1: Sales Agency Arrangement, Step 1 Functional Analysis -- Example 2: Sales Agency Arrangement -- Example 3: Toll Manufacturing Arrangement -- Example 4: Toll Manufacturing Arrangement -- Notes -- Chapter 4: Australia's Advance Pricing Arrangement Program -- Pre-Formal APA Discussions -- APA Processing Times -- Unilateral and Bilateral APAs -- The ATO's APA Work in Process.. - APA Issues and Methods -- Chapter 5: China Implements Transfer Pricing Procedures -- Overview -- Regulations -- Chapter 1: General Principles -- Relevant Documents -- Applicable Relationships -- Transfer Pricing Administration -- APA Tax Administration -- Cost Sharing Agreement -- Controlled Foreign Corporations -- Thin Capitalization -- Anti-Tax Avoidance -- Chapter 2: Reporting and Filing of Related Party Transactions -- Associated Enterprises -- Principal Categories -- Tax Returns -- Extension -- Chapter 3: Administration of Contemporaneous Documentation -- Contemporaneous Documentation Requirement -- Contemporaneous Documents -- Exemptions -- Timing Requirements for Submission -- Submitting Formal Documents -- Merger and Division -- Chinese Language Only -- Ten-Year Maintenance -- Chapter 4: Transfer Pricing Methods -- Arm's Length Principle -- Comparable Analysis -- Comparable Uncontrolled Price Method -- Resale Price Method -- Focus on Differences -- Making Reasonable Adjustments -- Material Processing -- Cost Plus Method -- Investigating Differences -- Making Reasonable Adjustments -- Transactional Net Margin Method -- Investigating Differences -- Making Reasonable Adjustments -- Profit Split Method -- Two Steps -- Investigation -- Chapter 5: Transfer Pricing Audits and Adjustments -- Tax Authorities' Powers -- Key Audit Targets -- Exempted Parties -- Desktop Audit Process -- Field Office Transfer Pricing Audit -- Documentation -- Checking and Confirmation -- Notice of Tax Audit -- Verification Process -- Compliance with the Arm's Length Principle -- Adjustment Process -- Risks and Losses -- Offsets -- Interquartile Results -- Notice of Special Tax Audit Conclusion -- Presence of Non-Arm's Length Results -- Payment Period -- Follow-Up Supervision -- Follow-Up Supervision Period.. - Advance Ruling Case No. 8 -- Advance Ruling Case No. 9 -- Advance Ruling Case No. 10 -- Advance Ruling Case No. 11 -- Advance Ruling Case No. 12 -- Advance Ruling Case No. 13 -- Advance Ruling Case No. 16 -- Advance Ruling Case No. 19 -- Advance Ruling Case No. 21 -- Advance Ruling Case No. 23 -- Advance Ruling Case No. 26 -- Advance Ruling Case No. 30 -- Advance Ruling Case No. 34 -- Advance Ruling Case No. 35 -- Advance Ruling Case No. 36 -- Advance Ruling Case No. 37 -- Chapter 8: Hong Kong Transfer Pricing Guidelines -- Double Tax Agreements -- Arm's Length Principle -- Associated Enterprises -- Appropriate Adjustments -- Inland Revenue Ordinance and Case Law -- Permanent Establishment Considerations -- Applying the Arm's Length Principle -- Four Steps -- Functional Analysis -- Comparability Analysis -- Determining Comparability -- Functions, Assets, and Risks -- Contract Terms -- Economic and Marketing Circumstances -- Business Strategies -- Global Price Lists -- Establishing the Reliability of the Data -- Transfer Pricing Methodologies -- Sources of Profits and Income -- Abusive Tax Schemes -- Transfer Pricing Schemes -- Transfer Pricing Documentation -- Intragroup Services Arrangements -- Deduction of Expenditures Paid for Intragroup Service -- Determining the Amount of Intragroup Charges -- Services Provided by a Permanent Establishment -- Notes -- Chapter 9: Hong Kong Challenges Abusive Tax Schemes -- Macroeconomic Issues -- Abusive Tax Schemes -- Transfer Pricing Schemes -- Reinvoicing Example 1 -- Reinvoicing Example 2 -- Lack of "Economically Significant Functions -- How the Hong Kong Government Combats Abusive Tax Schemes -- Extreme Forms of Tax Abuse -- Distinguishing Tax Avoidance from Tax Evasion -- How the Reinvoicing Structure Operates -- Shifting Intangible Property: The Tax Perspective -- Notes.. - Application for Corresponding Adjustment -- Withholding -- MAP Negotiations -- Written Notice -- Excluded Tax Considerations -- Chapter 12: Legal Responsibility -- Compliance Failures -- Failure to Provide Documents -- Interest Charge -- Advance Tax Payments -- Payment of Underpaid Tax and Interest -- Chapter 13: Supplementary Provisions -- Priority of Provisions -- Joint Investigative Team -- Preservation of Documents -- Holidays -- Terminology -- Change of Address -- Deadline Postponed -- Responsibility -- Effective Date -- Notes -- Chapter 6: Reporting Related Party Transactions in China -- Form 1-Related Party Relationships -- Share Ownership -- Loan Relationships -- Power of Appointment by Controlling the Board -- Taking Senior Management Positions -- Licensing Arrangements Indicate Related Party Relationships -- Control through Purchase and Sale Activities -- Offering and Receiving Services Activities -- Catchall Relationships -- Form 2-Summary of Related Party Transactions -- Form 3-Purchases and Sales -- Form 4-Services Form -- Form 5-Intangible Assets -- Form 6-Fixed Assets -- Form 7-Financing -- Form 8-Outbound Investment -- 1. Basic Information Pertaining to the Investment Enterprise -- 2. Basic Information Pertaining to the Invested Foreign Enterprise -- 3. Tax Rate Pertaining to the Invested Foreign Enterprise -- 4. Profitability of the Invested Foreign Enterprise -- 5. Effective Tax Rate -- 6. Information as to All Shareholders of the Invested Foreign Enterprise -- 7. Annual Profit and Loss Statement of the Invested Foreign Enterprise -- 8. Balance Sheet of the Invested Foreign Enterprise -- 9. Annual Dividend Distributions of the Invested Foreign Enterprise -- Form 9-Outbound Payments -- Notes -- Chapter 7: Hong Kong Advance Ruling Cases: Taxability of Profits -- Advance Ruling Process -- Advance Ruling Case No. 4.. - Chapter 10: Winning Hong Kong's Landmark Transfer Pricing Case.. - Chapter 6: Administrative Guidance Concerning Advance Pricing Arrangements -- APA Authorization -- APA Internal Procedure -- Basic APA Conditions -- Duration of the APA -- Same or Similar Transactions -- Pre-Filing APA Procedure -- Filing a "Formal APA Application -- Review and Evaluation Process -- Consensus -- Signatory Authority -- Suspension or Termination -- Monitoring -- Renewal -- SAT Primacy -- Implementation -- Confidentiality -- Use of Data -- Disputes -- Official Copies -- Chapter 7: Administrative Guidance Concerning Cost Sharing Agreements -- Implementation -- Cost Sharing Agreement -- Expected Returns -- Group Activities -- Cost Sharing Agreement -- Level by Level -- Change in Participants -- Compensating Adjustments -- Making Adjustments -- APA Applications -- Contemporaneous Documentation -- Enforcement Period -- Nondeductible Costs -- Chapter 8: Administrative Guidelines Concerning Controlled Foreign Corporations -- CFC Defined -- Controlled" Defined -- Indirect Ownership -- Overseas Investment Report -- Tax Authority's Review Process -- Deemed Dividend -- Taxable Years -- Double Taxation -- Previously Taxed Income -- Exempt Income -- Chapter 9: Administrative Guidance Concerning Thin Capitalization -- Nondeductible Interest -- Related Party Debt to Equity -- Related Party Debt-to-Equity Ratio -- Equity Investment -- Interest Expenses -- Nondeductible Interest Expense -- Excessive Interest Expense Deductions -- Failure to Substantiate -- Interest Actually Paid -- Thin Capitalization versus Transfer Pricing -- Chapter 10: Administrative Guidance Concerning General Anti-Avoidance -- Anti-Avoidance Audit -- Substance Over Form -- Restructuring -- Audit Methods -- Additional Document Requests -- SAT Approval -- Chapter 11: Corresponding Adjustments and International Negotiations -- Corresponding Adjustments -- Mutual Agreement Procedure.. - An overarching look at transfer pricing regimes in Asia-Pacific countries and what they mean for foreign businesses A comprehensive guide for companies doing business globally, Asia-Pacific Transfer Pricing Handbook explains the policies and practices that Asia-Pacific countries employ with regards to taxing foreign businesses. The only book that analyzes and guides companies through the often complex transfer pricing rules in place in Asian-Pacific nations, the book explains how authorities in fifteen countries, including ASEAN, India, New Zealand, Japan, and South Korea, tax any company doing business within their borders. Helping foreign companies to properly price their goods and services for global markets, providing defenses for transfer pricing audits, explaining standards for creating comparables that multijurisdictional tax administrations will accept, explaining documentation requirements and timing issues, and creating awareness about inadvertently becoming a permanent establishment, Asia-Pacific Transfer Pricing Handbook is an essential resource for doing business abroad. Provides comprehensive, accessible information on transfer pricing in Asia-Pacific countries Covers fifteen Asia-Pacific countries, including all ASEAN countries, giving readers unparalleled exposure to the different transfer pricing arrangements across the region Explains how companies doing business abroad should price their goods and services for global markets to remain in accordance with the law A complete and comprehensive guide to transfer pricing and its implications for firms and accountants operating in the Asia-Pacific region, Asia-Pacific Transfer Pricing Handbook explains everything foreign companies need to know about doing business abroad.
Emner
Sjanger
Dewey
ISBN
9781118359396
ISBN(galt)

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