Download or read book Customs Valuation and Transfer Pricing microform is it Possible to Harmonize Customs and Tax Rules written by Juan Martin Jovanovich and published by National Library of Canada = Bibliothèque nationale du Canada. This book was released on 2000 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Customs Valuation and Transfer Pricing written by Juan Martin Jovanovich and published by Kluwer Law International B.V.. This book was released on 2016-04-24 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues of transfer pricing have come to the fore in both international tax and customs regimes. In particular, the problem of how to apply the two systems of valuation to the same transaction is of widespread concern. This well-known book, now in a fully updated second edition, is a problem-solving guide for professionals charged with valuating transactions in their client’s or company’s best interests. Through detailed examination of relevant guidelines, transfer pricing methodologies, and business realities prevailing among multinational enterprises, it offers a cogent and convincing account of how tax and customs transfer pricing regimes may be harmonized. Among other essential elements, the author discusses the following in depth: – the OECD Transfer Pricing Guidelines; – the GATT/WTO Customs Valuation Code (GVC) and other valuation rules in key jurisdictions and regional agreements; – the OECD and UN model tax conventions; – the arm’s length principle; – methods, both traditional and new, of determining whether the parties’ relationship in uenced the price; and – additions to and deductions from the customs value. This second edition discusses new developments in the eld, including a chapter on Commentary 23.1 and Case Study 14.1 of the Technical Committee on Customs Valuation of the World Customs Organization (WCO) – the rst international instruments linking transfer pricing and customs valuation. The book concludes with an analysis of the circumstances and conditions under which the introduction of transfer pricing year-end adjustments to transaction value would be consistent with Article 1 of the GVC. The book will continue to provide practitioners, customs administrations, and academics with a highly practical analysis of the intersection of transfer pricing and customs valuation. It will be welcomed by customs administrations charged with examining the acceptability of a transaction value xed between related parties and by multinational companies as a truly actionable tool they can use to optimize decision-making as it relates to transfer pricing and customs valuation in a “real world” setting.
Download or read book Customs Valuation and Transfer Pricing Is It Possible to Harmonize Customs and Tax Rules written by Juan Jovanovich and published by Springer. This book was released on 2002-10-30 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although valuation is fundamental to both tax and customs liability in international transactions, values calculated by the two regimes can differ, often markedly, in situations where no clear rules of transfer pricing apply. Through detailed examination of relevant guidelines, transfer pricing methodologies, and business realities prevailing among multinational enterprises, Customs Valuation and Transfer Pricing offers a cogent and convincing account of how tax and customs transfer pricing regimes may be harmonized.Among the essential elements of this important thesis, the author discusses the following in depth: the OECD Transfer Pricing Guidelines; the GATT/WTO Valuation Code (GVC); the arm's length principle; methods, both traditional and new, of determining whether the parties' relationship influenced the price; and additions to and deductions from the customs value. The study concludes with an analysis of the circumstances and conditions under which the introduction of transfer pricing compensatory adjustments to transaction value would be consistent with Article 1 of the GVC.
Download or read book Transfer Pricing and Customs Valuation written by Anuschka Bakker and published by IBFD. This book was released on 2009 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the intricate role of transfer pricing and customs value in international business environment. It examines the relationship between valuation for transfer pricing purposes and valuation for customs, and the significance of the relationship for multinational enterprises, tax authorities and customs administrations. The book begins by reviewing relevant international standards such as the OECD Guidelines and the GATT/WTO Customs Valuation Agreement. This is followed by a discussion of related issues such as VAT and administrative matters. Country chapters provide an overview of the applicable legislation and valuation methods, and case studies allow direct comparison between the practices of the different countries. The book concludes by summarizing the existing relationship between transfer pricing valuations and customs valuations, and by suggesting possible solutions towards a more integrated approach.
Download or read book Customs Valuation and Transfer Pricing ICC Proposals written by J-M. Salva and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The article studies the relationship between transfer pricing and customs valuation. The author explains two different approaches of transfer pricing, the first one adopted by tax agencies, based on the OECD Transfer Pricing Guidelines and the second adopted by customs agencies, based on the WTO Customs Valuation Agreement (CVA). From the business perspective, the divergence between the two taxation regimes is an obstacle to the liberalization of trade and inhibits international development for companies. On the other hand, the International Chamber of Commerce (ICC) believes that the WTO CVA and the use of the OECD Guidelines are enough to settle the issue of customs valuation and transfer pricing. However, ICC specifies that tax and customs approaches of intercompany transactions should converge to the same value. In this goal, ICC published a policy statement in 2012, which has been integrated in the WCO guidelines. This statement, based on the harmonization of the current rules, contains several additional options to derive customs value. The author states that the Union Customs Code does not contain any evolution from a transfer pricing perspective but contains some negatives changes regarding custom valuation. Also, the opportunity of the WCO Free Trade Agreement should be taken to move forward on this issue.
Download or read book Suggested Approaches to Harmonization of Transfer Pricing and Customs Rules written by S.K. Bilaney and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The author proposes ways in which transfer pricing and customs valuation rules could be harmonized so as to provide greater certainty for taxpayers.
Download or read book Linking Customs Valuation and Transfer Pricing in the U S And Beyond written by Joshua Simmons and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The exponential growth of international trade and the rapid expansion of corporate supply chains due to the rapid globalization of recent decades have placed increasing strains on systems of trade regulation and tax administration designed for a world of discrete states and corporate entities. A particular area where this tension has become pronounced is in the disconnect between customs valuation and transfer pricing, the legal regimes for valuing international transactions for purposes of assessing import tariffs and corporate income tax respectively. While both systems establish similar broad baselines -- the “arm's-length principle” for transfer pricing and the “transaction value principle” for customs valuation -- because of the different goals of each system and the scope of transactions to which each applies, the specific methods used differ, leading to confusion and inefficiency. Efforts to coordinate the two systems, both at an international level and in the U.S., are progressing but incomplete. This paper illuminates the disparity in these two systems, with a specific focus on the U.S, through studying current laws, regulations, and practices in both areas, along with the steps taken thus far to align them, concluding with recommendations for how these efforts should be continued. This paper was written for the Transfer Pricing: Special Topics graduate-level seminar at Georgetown University Law Center during the Spring 2015 term.
Download or read book IT APAs written by Richard Thompson Ainsworth and published by . This book was released on 2019 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: In most jurisdictions there are three separate spheres of transfer pricing analysis - income tax, customs and VAT. Although they share policy objectives, terminology and frequently borrowing methodologies from one another these domestic transfer pricing systems are not in harmony. Businesses find this lack of harmony costly, problematical, but also a planning opportunity. The door is open for arbitrage. What if the transfer pricing rules within a jurisdiction were harmonized? The World Customs Organization (WCO) and the Organization of Economic Cooperation and Development (OECD) are considering this question.This paper synthesizes the range of transfer pricing regimes currently in use, and argues that an affirmative answer to the WCO/OECD's harmonization question can only be realized through technology - specifically, an IT-APA (Information Technology - Advance Pricing Agreement). Inherent differences embedded in the annual income tax are nearly impossible to harmonize with transaction taxes like customs and VAT if what is envisioned is a single, monolithic transfer pricing standard. If instead one imagines a standard that employs flexible, integrated rules, where separately harmonized (vertical and horizontal) elements are brought together in a certified automated system, then a harmonized transfer pricing standard can be realized.It is reasonably clear that the real barriers to vertical harmonization of transfer pricing rules in income tax, customs and VAT have to do with timing and granularity. Income tax valuations are completed much later in time than customs and VAT regimes are comfortable with. Transaction taxes are designed around either having a number or a fixed formula that will objectively determine the number that is the tax base. An IT-APA harmonizes transfer pricing results by using a fixed formula. The formula is embedded in the taxpayer's VAT and customs software, and linked through the ERP to the financial statements and the income tax return. Certification of this digital valuation formula solves the timing issue in vertical harmonization.
Download or read book Monetary Integration written by Warner Max Corden and published by Princeton, N.J. : International Finance Section, Princeton University. This book was released on 1972 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Glossary of Archival and Records Terminology written by Richard Pearce-Moses and published by Society of American Archivists (SAA). This book was released on 2005 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intended to provide the basic foundation for modern archival practice and theory.
Download or read book Land Administration Guidelines written by United Nations. Economic Commission for Europe and published by New York : United Nations. This book was released on 1996 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Intellectual Property and the National Information Infrastructure written by United States. Information Infrastructure Task Force. Working Group on Intellectual Property Rights and published by DIANE Publishing. This book was released on 1995 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This now famous White Paper provides rules for our digital highway.Ó Examines each of the major areas of intellectual property law, focusing primarily on copyright law & its application & effectiveness, especially subject matter & scope of protection, copyright ownership, term of protection, exclusive rights, limitations on exclusive rights, copyright infringement. Holds Internet service providers legally accountable for copyright & other infringements by their users. Judges are beginning to use this document to form case law.
Download or read book Intellectual property rights in an age of electronics and information written by and published by . This book was released on 1986 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Guide 2015 written by John O'Mara and published by Bloomsbury Professional. This book was released on 2015-04-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax Guide 2015 provides comprehensive coverage of all areas of taxation applicable to Ireland. Written in non-technical language by an expert team of tax practitioners, it covers:Income Tax; Capital Gains Tax; Value Added Tax; Employers' PAYE/PRSI; Corporation Tax; Capital Acquisitions Tax; Stamp Duties; Vehicle Registration Tax and Customs and Excise.As well as taking on board the provisions of the latest Finance Act it features detailed worked examples and extensive references to recent case law. It also contains a set of tables giving speedy access to allowances, tax rates, compliance deadlines and other invaluable information.Tax Guide 2015 is an ideal reference book that serves as a self-contained textbook and as a pointer to more detailed Bloomsbury Professional publications, such as Irish Income Tax, The Taxation of Companies, Irish Stamp Duty Law and Capital Acquisitions Tax.Previous edition ISBN: 9781780434612
Download or read book Lake Victoria written by Joseph L. Awange and published by Springer Science & Business Media. This book was released on 2006-08-18 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes a pioneering and unique work on Lake Victoria. It is the world’s second largest fresh-water lake and supports the livelihood of more than 30 million people. Surprisingly, there has been no comprehensive book addressing its problems and potentials. Ecology, environmental pollution and resource management are some of the issues addressed by this comprehensive insight into the limitations, challenges and opportunities facing Lake Victoria.
Download or read book Annual Report of the Federal Deposit Insurance Corporation for the Year Ending written by Federal Deposit Insurance Corporation and published by . This book was released on 1951 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning with 1981, merger decisions of the Corporation are published separately as vol. 2 of the Annual report.
Download or read book Principles and Recommendations for Population and Housing Censuses written by United Nations. Statistical Division and published by United Nations Publications. This book was released on 2008 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The population and housing census is part of an integrated national statistical system, which may include other censuses (for example, agriculture), surveys, registers and administrative files. It provides, at regular intervals, the benchmark for population count at national and local levels. For small geographical areas or sub-populations, it may represent the only source of information for certain social, demographic and economic characteristics. For many countries the census also provides a solid framework to develop sampling frames. This publication represents one of the pillars for data collection on the number and characteristics of the population of a country.
