Transfer Pricing Update
PwC Legal Vietnam
29th July 2019
In June, the National Assembly approved the new Law on Tax Administration 38/2019/QH14, which contains rovisions relating to transfer pricing. The new law will mostly take effect from 1 July 2020. A decree, followed by a circular, will subsequently be issued to provide detailed guidance on the provisions of the new law. The National Assembly also issued Decree 51/2019/ND-CP. Decree 51 provides details of the penalties applicable for violation of transfer pricing-related provisions contained in the Law on Technology Transfer 2017. We take a look at these two new regulations in this article.
Please Login or Register for Free now to view all updates and articles
In addition to free-to-view updates and articles, you can also subscribe to the full Legal Centrix Vietnam Service including access to:
- Overview notes on the law
- Thousands of high quality translations of legislation covering all key business areas
- Legal and tax updates
- Articles on important legal and tax issues
- Weekly email alerts
- Sophisticated web platform and search
Legal Centrix is trusted by top law and accounting firms.
Author
-
PwC Legal Vietnam
Vietnam
Related Content
- Wednesday, September 11 2019
- Thursday, March 12 2020
Tags
Recent updates
- Vietnam: Sale And Sub-Lease Of Annual Rental “Lease Rights” Under The Land Law 2024 In Vietnam
- Vietnam: Authorisation In Opening And Using Bank Account Of Representative Office
- The New Land Law 2024 – Notable Amendments To Legal Regulations On Industrial Zone Land In Vietnam
- Vietnam: Mechanism for Calculation of Electricity Generation Price Bracket for Post-FiT Solar/Wind Power Plants
- Vietnam: The extensive use of PPP in Ho Chi Minh City infrastructure development!
- Vietnam: Is it difficult to enforce a civil judgment in Vietnam?
A leading provider of legal and tax know-how and information for Asia.
Copyright © 1997 - 2024 Legal Centrix. All Rights Reserved Privacy Policy | Terms of Use