16.10.2009
Transfer Pricing
Korean National Tax Services releases second APA annual report
The Korean National Tax Service (NTS) on September 4 released its second annual report on the operations of the NTS's Advance Pricing Agreement (APA) program. The second annual report updates the key statistical information provided in the first annual report, issued in 2008. Taxpayers and tax practitioners can see that the general trend in most of the 2008 program statistics is consistent with the 2007 information. But the second annual report discloses information that was not revealed in the first annual report. Read more