Romania

Details

  • Service: Tax
  • Industry: Consumer Markets
  • Type: Business and industry issue
  • Date: 2/11/2014

Transfer pricing - The ultimate tax frontier in the fashion and luxury goods industry 

The number of countries with transfer pricing (“TP”) rules is increasing. In Romania the legislation is well established and applied rigorously by the tax authorities.

 

This has been particularly true in the last few years, as governments have come under increasing pressure to protect and enhance budget revenues. Transfer pricing audits are a relatively easy way for the tax authorities to achieve this.

 

© 2014 KPMG Romania S.R.L., a Romanian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Tax News - Tax News 

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