Transfer Pricing in Korea
... 4-0…2【Deductibility of Management Services Fees Remitted to a Foreign Parent Company】 ① Previously, a foreign parent company and its Korean subsidiary were regarded as separate entities, accordingly, head office expenses allocated to the subsidiary were unlikely to be regarded as taxdeductible expen ...
... 4-0…2【Deductibility of Management Services Fees Remitted to a Foreign Parent Company】 ① Previously, a foreign parent company and its Korean subsidiary were regarded as separate entities, accordingly, head office expenses allocated to the subsidiary were unlikely to be regarded as taxdeductible expen ...
The global nature of business means transfer
... imposing tax based on sales in a country has a number of major potential problems. In the EU, VAT operates as a sales tax, and the EU treaty forbids individual countries from imposing additional sales taxes. Basing a tax on sales would give rise to winners and losers at country level: major capital ...
... imposing tax based on sales in a country has a number of major potential problems. In the EU, VAT operates as a sales tax, and the EU treaty forbids individual countries from imposing additional sales taxes. Basing a tax on sales would give rise to winners and losers at country level: major capital ...
Transfer pricing (Ch.20)
... Cost-plus method: adds an app. Profit markup to the sellers’ cost to arrive an an arms-length price. Ths method is useful in specific situations, as when semifinished products are sold between related parties or one entity is essentially acting as a subcontractor for a related entity. ...
... Cost-plus method: adds an app. Profit markup to the sellers’ cost to arrive an an arms-length price. Ths method is useful in specific situations, as when semifinished products are sold between related parties or one entity is essentially acting as a subcontractor for a related entity. ...