Form C YA 2022 – Characterisation of Entities for TP Purposes: Manufacturing Activities
Recent changes were made to Form C by the Inland Revenue Board in preparation for the YA 2022. One of the most important 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, among other things, stating the characterisation of your company […]
TP FAQs: Positioning of a Contract Manufacturer | 合约制造企业如何定位
Compared to a normal licenced manufacturer, a contract manufacturer is typically regarded as carrying a lower level of risk. A manufacturing principal that directly bears the risk of demand and final consumer pricing is the “manufacturing principal” for whom the contract manufacturer manufactures items. The principal may guarantee the acquisition of the goods if the […]
