Transfer Pricing Brief: November 2012
Chile The CUP method is permitted by Law 20,630 effective from 1 January 2013. As regards to the documentation requirements taxpayers will have to file an annual transfer pricing return containing information on foreign related parties,
See MoreTransfer Pricing Brief: October 2012
Chile The main corporate income tax rate is 20% for 2012. Under Law 20,630 amending the transfer pricing rules where an adjustment is made the shortfall is to be treated as a distribution and taxed at a 35% rate, with a penalty of 5%. Law 20,630
See MoreTransfer Pricing Brief: September 2012
Australia A new subdivision 815-A has been passed in 2012 in respect of treaty equivalent cross-border transfer pricing rules. The Commissioner is empowered to challenge the extent of interest deductions in a situation where the level of related
See MoreTransfer Pricing Brief: August 2012
Belgium There are no specific provisions in relation to financial services, but fees must conform to the arm's length principle. Thin capitalization rules apply to restrict the tax deduction for interest on loans between related companies or loans
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