Form C YA 2022: Trade / Brand Name / Intellectual Property in respect of Controlled Transactions
What are Intangible Assets? The very nature of intangibles makes them challenging to define. A physical product may be seen, touched, or pointed to, whereas an intangible product, such as an idea or know-how, does not have any physical properties. According to the definition provided by the OECD, an intangible asset is “anything that is […]
Form C YA 2022: R&D Activities in respect of Controlled Transactions
Recent changes were made to Form C by the Inland Revenue Board in preparation for the YA 2022. One of the most critical changes is for those businesses participating in transfer pricing arrangements. As a result, the disclosure items have been significantly expanded to cover new areas. These new areas include stating the characterisation of your company by reference to […]
Form C YA 2022 – Transfer Pricing Aspects of Business Restructurings
Recent changes were made to Form C by the Inland Revenue Board in preparation for the YA 2022. One of the most critical changes is for those businesses participating in transfer pricing arrangements. As a result, the disclosure items have been significantly expanded to cover new areas. These new areas include stating the characterisation of your company by reference to […]
