“Profits should be taxed where value is created.” This sentence, though understood by many, is wrought with complexities and uncertainties in application, resulting in increased transfer pricing (TP) risks for some companies that are in the dark about such matters.
Bringing light to the many facets of business issues companies face that potentially pose a risk to their overall TP framework were the objectives of the Singapore Institute of Accredited Tax Professionals’ Tax Excellence Decoded session titled “Don’t Be Tripping Over Transfer Pricing Risks”.
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