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Taiwan: Draft amendments to transfer pricing assessment rules

Taiwan: Draft amendments to transfer pricing assessment

The Taiwan Ministry of Finance on 18 August 2020 released draft amendments to certain provisions of the regulations governing transfer pricing assessments of non-arm’s length transactions by profit-seeking enterprises.

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The changes in the draft rules reflect what are described as global trends and are being proposed to address disputes in transfer pricing audits.

The transfer pricing assessment rules in Taiwan refer to the amended OECD Transfer Pricing Guidelines (July 2017) and incorporate provisions from the guidelines regarding the evaluation of economic substance and behavior, and concerning transactions involving the use of intangible assets in order to provide guidance for value-chain arrangements of multinational enterprises. 

Read an August 2020 report [PDF 287 KB] prepared by the KPMG member firm in Taiwan

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