Taxpayers in Asia face the twin challenges of increased scrutiny from jurisdictions with long-standing transfer pricing regimes and greater awareness of connected issues such as the interaction with customs, in contrast to those countries for whom transfer pricing enforcement is still new, explain Kari Pahlman, John Kondos and Alex Capri of KPMG
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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation
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