Transfer pricing in Vietnam involves pricing goods, services, and intangible assets in transactions between related parties. Circular 200/2014/TT-BTC issued by the Ministry of Finance outlines these regulations.

 

Key Points:

 

- Compliance with transfer pricing regulations is vital for businesses.

 

- Regulations aim to prevent transfer pricing abuse and ensure accurate tax assessments.

 

- The Law on Tax Administration mandates transfer pricing documentation and disclosure of related-party transactions.

 

- Penalties, including fines and income adjustments, can be imposed for non-compliance.

 

- Exemptions for certain companies and a cap on interest expenses exist.

 

- Staying informed about the latest rules is essential for businesses operating in Vietnam.

 

- Compliance with these regulations is crucial to avoid legal issues in related-party transactions in Vietnam.

 

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