A campaign is building for the introduction of the inter-quartile range, and the acceptance of multiple year data, for transfer pricing documentation in India – a country that goes against the global best practice. Indian transfer pricing regulations are unique in the sense they require the computation of a single arm’s-length price, through the mean of comparables, instead of a range. Tax practitioners are not interested in being unique though. Sophie Ashley finds out why.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
Chinwe Odimba-Chapman was announced as Michael Bates’ successor; in other news, a report has found a high level of BEPS compliance among OECD jurisdictions
The KPMG partner tells ITR about Sri Lanka’s complex and evolving tax landscape, setting legal precedents through client work, and his vision for the future of tax