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Honduras to introduce transfer pricing rules

November 24, 2010

Salman Shaheen TPW

Honduras is preparing new legislation to combat tax evasion, including a chapter on transfer pricing, as part of its fiscal reform.

“Central American finance secretaries of state held a meeting during the first trimester of 2010 and agreed that it was necessary to issue transfer pricing regulations across the region as per request of the OECD,” said Rafael Sayagués, tax managing partner at Ernst & Young, Central America.

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