South Korea transfer pricing documentation guide
July 14, 2009
Tae-Yeon Nam, Dong-Jun Yeo and Stefan Moller, Kim and Chang, Seoul
Korean taxpayers involved in international transactions with foreign related parties must submit certain transfer-pricing-related information to the tax authorities when filing their annual income tax returns. The annually requested information comprises (i) the adopted transfer pricing methodology (TPM), including reasons for adopting such TPM, (ii) a schedule of international transactions, and (iii) a summary income statement of each foreign related transactional party.
Sorry. You must be a subscriber to view this article. Alternatively, why not take a free trial? To subscribe and access this article immediately simply click here or call +44(0)207 779 8380.