Fundamentals of Transfer Pricing in Japan is a handy overview of transfer pricing in Japan. It presents practical information on the administration of Japanese transfer pricing rules to help taxpayers understand the enforcement climate and provide practical insight on how to comply with the various requirements and to prepare for inquiries from the tax authorities.
Fundamentals of Transfer Pricing in Japan reflects the 2007 revisions to the Japanese Special Taxation Measures Law; Special Taxation Measures Law Enforcement Order; the Commissioner's Directive on the Establishment of Instructions for the Administration of Transfer Pricing Matters and the Commissioner's Directive on Mutual Agreement Procedures.
Using non-technical language, diagrams and citations to Japanese transfer pricing laws and regulations, it allows multinational enterprises to gain a concise understanding of the Japanese transfer pricing laws.
Features:
- A brief history of Japanese transfer pricing regulation
- An explanation of the legislation and related circulars and guidelines
- A discussion of the Japan tax authority’s administration and enforcement of its transfer pricing rules
- A discussion of recent trends in Japanese transfer pricing enforcement, including a summary of the Advance Pricing Arrangement system
Benefits
- Concise and easy to read
- Explanation and synopsis of the Japanese transfer pricing system and the major transfer pricing laws and regulations in clear English
- Information on transfer pricing compliance requirements
- Citations to Japanese transfer pricing laws and regulations
- Written by a team of transfer pricing experts from Ernst & Young
- Well-structured index
