Customs authorities use somewhat different methods from income tax authorities to value intercompany cross-border transactions in tangible goods. This difference can produce negative outcomes for a business if not considered in the context of total tax liability. This article summarizes the relationship between customs valuation and transfer pricing and highlights specific areas for tax planning.
Source: BDO
Latest Posts in "World"
- VAT Report Guide: Understanding the Nine-Box Financial Document for Business Compliance
- What is a Standard Audit File for Tax (SAF-T)? A Global Compliance Overview
- E–invoicing Developments Tracker
- How to map self-billing fields into UBL/CII for Peppol
- E-Invoicing Exchange Summit Singapore 2025 (Nov 24-26, 2025)