Pham Ngoc Long, director at Grant Thornton Vietnam takes corporates through which DTA to apply when importing and exporting from Vietnam, after June updates.
China’s PBOC will allow cross-border renminbi pooling for multinational corporates, though the need for distinctions between onshore and offshore renminbi for corporate treasurers remains.
KPMG partner Egidio Zarrella and JP Morgan’s Asia-Pacific head of sales for treasury services Margaret Yao give their tips on transfer pricing through centralised trading centres.
Knorr-Bremse treasurer Ernest Mui has called for China to establish more Shanghai-style free trade zones in order to balance China’s corporate treasury needs.
StanChart and Baoxin Group; HSBC and Saint-Gobain; and Citi and Roche have announced new cash programmes relating to pooling and netting in the Shanghai free trade zone following central bank clarifications.
CT takes a closer look at the Kunshan pilot programme, a cross-strait, renminbi-lending plan aimed at easing investment and renminbi cash management from Taiwan.
The booming Philippines is ripe for tax reform and the country's Bureau of Internal Revenue (BIR) has targeted transfer pricing, with particular goals for advanced pricing agreements.