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Taiwan: Customs guidance on one-time transfer pricing adjustment

Taiwan: Customs guidance on transfer pricing adjustment

Taiwan Customs issued guidance concerning the customs “dutiable value” stemming from a one-time transfer pricing adjustment.


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Taiwan’s Ministry of Finance in November 2019 issued guidance (ruling no.10804629000 (15 November 2019)) that allowed, effective from the 2020 fiscal year, allowed eligible companies when conducting transactions with related parties, to make a one-time transfer pricing adjustment before closing the accounting records for the fiscal year. Read TaxNewsFlash

To assist companies that have imported goods from related parties and would like to apply the one-time transfer pricing adjustment under the tax ruling, Taiwan Customs on 31 December 2019 released the guidelines on assessing the one-time transfer pricing adjustment to determine the dutiable value.

Read a January 2020 report [PDF 261 KB] prepared by the KPMG member firm in Taiwan

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