Making a list of Enterprises subject to inspections on Transfer Pricing Issues
- Monday - 01/03/2021 14:39
- Close page
Web Portal - According to the Dong Nai Tax Department, in 2021, the tax sector will continue to increase inspection activities, especially on transfer pricing to ensure appropriate and adequate revenue for the State Budget.
Accordingly, Dong Nai Tax Department has asked its affiliated units to review and make a list of high-risk businesses to include in the inspection plan. Specifically, businesses that have suffered losses for many years, businesses with associated activities, having both incentives and no incentives for corporate income tax, etc.
In 2020, the inspection and post-inspection process have been done with 2,312 enterprises, reaching 106% (2,312 enterprises/2,172 enterprises) compared to the annual plan. Thereby, the increase in tax revenue reached 463 billion, reducing loss by 2.317 billion for the tax sector. In particular, the inspection and anti-transfer pricing were implemented for 63 enterprises, increasing revenue by 249 billion, and reducing loss by 1,477 billion for the tax sector.
Phan Anh