Celltrion fine shows tax authority’s ambition to tackle violation of TP standards

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Celltrion fine shows tax authority’s ambition to tackle violation of TP standards

Celltrion group violated TP standards, according to FSC

The South Korean Financial Services Commission’s KRW 15.4 billion ($12.6 million) fine to global pharmaceutical company Celltrion is a warning to others to comply with accounting standards and transfer pricing rules.

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