China

Details

  • Service: Tax, Global Transfer Pricing Services (GTPS)
  • Type: Business and industry issue, Publication series, Regulatory update
  • Date: 6/28/2013

Advanced Pricing Arrangement (APA) – An Effective Tool for Transfer Pricing Management 

China Tax Alert: Transfer Pricing Focus - Issue 2, June 2013

 

The State Administration of Taxation (SAT) released the Chinese-English bilingual China Advanced Pricing Arrangement Annual Report (2011) (the 2011 Annual Report) on 26 December 2012. Notwithstanding the fact that the SAT has issued three annual APA reports, in which it has published annual statistical data and detailed procedures for application and negotiation, there is still a considerable amount of uncertainty and misunderstanding about APA application and negotiation among taxpayers. Over the past six months, KPMG China has assisted enterprises to sign approximately four APAs. Based on the information provided in the 2011 Annual Report and experience from recent cases, we share our observations on the development trend of the China APA program, and explore the possibility of leveraging APA to manage transfer pricing (TP) risk for taxpayers.

 

China Tax Alert: Transfer Pricing Focus
Download Now
PDF files require Adobe Reader to view
 

Get in touch with KPMG China

 


 

Subscribe to receive email alerts or e-Newsletters from KPMG China when new updates are available.

 

 

China in focus

Newsletters - Our weekly and monthly newsletters summarise industry news, market trends and updates in regulations for the China and Asia Pacific regions.