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 Licensed Manufacturer | 特许制造企业如何定位
A licenced manufacturer manufactures items under the terms of a licence agreement. This manufacturer uses the intangible manufacturing assets the licensor owns, such as patents, product designs, manufacturing processes, and know-how. The licenced manufacturer pays royalties for licenced intangibles, often purchasing raw materials and semi-finished goods on its behalf and maintaining inventories of completed goods […]
