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News > Archived News > CIAT News > El Salvador is steps away from implementing Transfer Pricing regulations.

El Salvador is steps away from implementing Transfer Pricing regulations.

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November 17th – The General Revenue Directorate of El Salvador has created

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the

Transfer Pricing Unit, initiating the transfer pricing regulations' implementation process.

To such end, five training courses on the matter were held in El Salvador and in foreign countries, in which 35 employees, including auditors and legal experts, participated for appropriate enforcement of such regulations in their country. The creation of the Transfer Pricing Unit seeks to meet two strategic objectives: Tax control effectiveness: to stop taxpayers who have avoided taxes by resorting to such entity from transferring their income to other countries with more beneficial tax regimes and improve collection levels. Facilitate the auditing process: the creation of the Unit is aimed at compiling transfer pricing information in order to analyze price variations from the time of acquisition of assets and services to their sale; such information shall serve as input to increase auditors’ effectiveness. Mr. José Noé Cerón Correspondent


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816 el salvador esta pro a implementar regulaciones de precios de transferencia  

http://www.ciat.org/index.php/en/news/archived-news/news/816-el-salvador-esta-pro-a-implementar-regulaciones-de-precios-de-transferencia.pdf

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