The Resource Post-closing adjustments

Post-closing adjustments

Label
Post-closing adjustments
Title
Post-closing adjustments
Subject
Language
eng
Summary
QUESTIONS: 1. Does the country permit a taxpayer to make a unilateral adjustment to amounts reflected in financial statements to bring the tax return into compliance with transfer pricing rules? 2. If permitted, what conditions are imposed on making those adjustments, and what procedure must be followed in order to be permitted to make that adjustment? 3. If a postclosing adjustment relates to the price paid for imported goods, must a corresponding adjustment be made to prices previously reported for customs purposes? (And does this result in penalties?)
Citation source
In: Transfer pricing forum. - Arlington. - Vol. 7 (2016), no. 1 (May) ; 44 p
Geographic coverage
International
Language note
English
http://library.link/vocab/subjectName
  • transfer pricing adjustment
  • corresponding adjustment
Label
Post-closing adjustments
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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