An important issue for multinational corporations is how different countries deal with transfer pricing (e.g., the method used for determining the price of products sold by a parent country to its international subsidiary).
A recent article in the Economic Times gives India high marks for its regulations regarding transfer pricing and the expertise of government officials dealing with transfer pricing. Read the brief article here.
One highlight of India as a business partner has always been its developed and transparent legal and regulatory system (quite unlike China), and this article even highlights the fact that regulations on transfer pricing in China are still under development.
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