Asia-Pacific

Singapore updates transfer pricing guidelines emphasizing compliance, introducing penalty regime

Eugene Lim of Providence Law Asia LLC discusses new updates to Singapore transfer pricing guidance, issued February 23, setting out enhancements to the arm’s length principle, adding new transfer pricing documentation requirements, and granting new powers of the Comptroller of Income Tax to make transfer pricing adjustments and impose surcharges and penalties for non-compliance . . . 

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Asia-Pacific

Switzerland updates AEOI list

The Swiss Federal Tax Administration has updated its list of the partner jurisdictions with which Switzerland is implementing automatic exchange of financial account Information writes Davide Anghileri, University of Lausanne . . .

Asia-Pacific

Pieter de Ridder leaves Loyens & Loeff for Mayer Brown Singapore

Pieter de Ridder has joined Mayer Brown’s tax, transactions, and consulting practice in Singapore as a partner, the firm announced February 16. De Ridder has over 20 years of experience advising multinational companies and institutions that operate in Asia, most recently as partner and head of Loyens & Loeff’s Singapore office. Prior to arriving Singapore in 1996, he was based in Jakarta . . .